Have you ever wondered why the Middle East is such a powder keg? For thousands of years the region has been plagued with conflicts from Yemen to Iraq, Lebanon, Syria, and Israel.

Sun Tzu’s The Art of War was written over 2,500 years ago and is considered the seminal work on military conflict.

So much to unpack. The U.S. attack on Iran (predicted on this page weeks ago) is a political tsunami. But from a market perspective, the financial impact is likely to be limited and short lived.

There was a time when the Federal Reserve chair was the adult in the room; above politics, immune to pressure, and singularly focused on price stability. Enter Kevin Warsh. Warsh, nominated to take the helm in May, is not exactly what markets expected.

The Strategy Page is designed to shape strategic thinking by offering insight into the world around us. Recent events underscore how minor factors can rapidly and dramatically shift supply and demand, seemingly overnight.

The Consumer Electronics Show, held each January in Las Vegas, has always been a crystal ball for where technology is heading next.

We often say that to see into the future, we must first understand the past.

The end of the year is always a pivotal time for management teams. The holidays bring both joy and distractions. It’s easy to lose momentum when your team is focused on eggnog and champagne.

Last week’s market volatility served as a reminder that animal spirits remain alive and well. After months of AI stocks climbing with almost athletic confidence—vaulting over every earnings expectation, rumor, or leaked demo—the sector finally took a step back.