https://kouroshreview.com/An independent news journal on markets, economics and ideas.en-gbhttps://kouroshreview.com/articles/strait-of-hormuz-oil-shockhttps://kouroshreview.com/articles/strait-of-hormuz-oil-shockFri, 16 Oct 2026 08:00:00 +0000GeopoliticsSeven months after Iran closed the Strait of Hormuz, the bill for the biggest energy-supply shock on record is still arrivinghttps://kouroshreview.com/articles/fed-hikes-againhttps://kouroshreview.com/articles/fed-hikes-againFri, 16 Oct 2026 08:00:00 +0000EconomyAn oil shock has pushed America’s central bank into its first rate rise since 2023. Kevin Warsh may not be donehttps://kouroshreview.com/articles/ai-capex-boomhttps://kouroshreview.com/articles/ai-capex-boomFri, 16 Oct 2026 08:00:00 +0000BusinessAmerica’s tech giants are spending like railway barons. Investors are starting to ask what they will get backhttps://kouroshreview.com/articles/treasury-yields-five-per-centhttps://kouroshreview.com/articles/treasury-yields-five-per-centFri, 16 Oct 2026 08:00:00 +0000FinanceAmerica’s long-term borrowing costs have hit their highest in a generation. Deficits, inflation and a shrinking Fed share the blamehttps://kouroshreview.com/articles/tariffs-after-the-supreme-courthttps://kouroshreview.com/articles/tariffs-after-the-supreme-courtFri, 16 Oct 2026 08:00:00 +0000EconomyThe Supreme Court struck down America’s emergency tariffs. Eight months on, most of them have been rebuilt on other legal foundationshttps://kouroshreview.com/articles/ipo-boom-2026https://kouroshreview.com/articles/ipo-boom-2026Fri, 16 Oct 2026 08:00:00 +0000Business2026 is the biggest year for American stock listings on record. Much of the money went to a single companyhttps://kouroshreview.com/articles/retail-trading-boomhttps://kouroshreview.com/articles/retail-trading-boomFri, 16 Oct 2026 08:00:00 +0000MarketsSmall investors now account for a third of share trading on busy days. They have done better than the professionals expectedhttps://kouroshreview.com/articles/gold-central-bankshttps://kouroshreview.com/articles/gold-central-banksFri, 16 Oct 2026 08:00:00 +0000MarketsBullion has fallen by more than a quarter from its January peak, even as central banks buy at the fastest pace in two yearshttps://kouroshreview.com/articles/tokenised-stockshttps://kouroshreview.com/articles/tokenised-stocksFri, 16 Oct 2026 08:00:00 +0000FinanceAmerica is rewiring its stockmarket for round-the-clock, on-chain trading. The hard part is not the technologyhttps://kouroshreview.com/articles/why-stockpickers-losehttps://kouroshreview.com/articles/why-stockpickers-loseFri, 16 Oct 2026 08:00:00 +0000ExplainerFour in five actively managed funds trailed the S&P 500 last year. Arithmetic explains most of it