Hezbollah Will Stay Out Of US-Iran Fight, But Only If Strikes 'Limited'

Futures Flat Ahead Of CPI, Ceasefire Negotiations US equity futures are flat, recovering from an earlier drop, and set to extend a seven-day rally, the longest since October, as investors looked to talks between the US and Iran for signs a fragile truce can hold while bracing for a big jump in today's CPI report (full preview here). As of 8:00am ET, S&P futures were up 0.1%,on track for their biggest weekly advance in almost a year. Nasdaq futures rose 0.2%, its winning streak is the longest since September,  led once...

Iran’s Tasnim news agency reported that a US attack in the Strait of Hormuz on Monday hit cargo vessels, not boats belonging to Iran’s Islamic Revolutionary Guard Corps (IRGC), contradicting claims from US Central Command. CENTCOM said that its forces destroyed six Iranian naval boats that attempted to interfere with commercial shipping, and President Trump […]

Tom Woods frames Ludwig von Mises's book around a single question—when the state may legitimately initiate force—and the classical liberal’s insistence on a very high threshold for it.