World Economic Fuck'em

White House Ready To Offer Iran "Token" Nuclear Enrichment Instead Of All-Out War When it comes to the potential of achieving a lasting US-Iran deal centered on the country's nuclear program, headlines have been changing rapidly, on a daily basis - as the specter of another US-led regime change war in the Middle East looms. Axios is reporting that the latest big diplomatic option the Trump White House is mulling is a proposal that allows Iran "token" nuclear enrichment - but with no path to a bomb, according to unnamed US officials. via Iranian state...

Putin To Saudi Crown Prince: Russia Ready To Do Everything To Stabilize Mideast Crisis Russian President Vladimir Putin said Thursday that Russia is willing to do anything toward bringing stability to the Persian Gulf and Iran crises.  "Russia is counting on an early end to the conflict in the Middle East, and is ready to do everything to bring the situation back to normal," Putin's words were paraphrased in state media as telling Egyptian Foreign Minister Badr Abdelatty, who was hosted at the Kremlin. "We all hope that the conflict will...

Whether rates go up or down, neither outcome will be pleasant, leaving a bondholder caught between the Unthinkable and the Unimaginable.