Uncertainty and Corporate Investment

America Now Has an EV Rust Belt. High Gas Prices Won’t Rescue It.
https://www.wsj.com/business/autos/ev-factories-layoffs-autoworkers-f93de8d3
GM supplier Magna is stuck with a plant built to churn out parts for battery-powered pickups. “The magnitude of uncertainty is unparalleled,” said its CEO. 

Will US Economy Remain Resilient?

The Economy Is on the Edge. What Could Tip It Over, or Help It Pull Through.
https://www.wsj.com/economy/economic-tail-risks-in-2026-65187567
The economy has several vulnerabilities that could erupt as high oil prices bite.
 
The Iran War Doesn’t Have to Be a Rerun of ‘That ’70s Show’
https://www.wsj.com/opinion/the-iran-war-doesnt-have-to-be-a-rerun-of-that-70s-show-d4c94148
Rising energy prices turn into recessions only if bad government policies compound their effects.