Media Says 'Gambling' Trump Got Lucky On The Economy

The rise in oil prices defied a U.S. effort hours earlier to reassure markets with an announcement of the second-largest ever release from the nation's petroleum reserve.

'Manufactured Story': Hegseth Goes Off In CBS Interview On Crisis Of US Arms Stockpiles Pentagon chief Pete Hegseth joined CBS's Margaret Brennan on Sunday for an interview which quickly degenerated into a tense, finger-pointing segment over billions poured into the military-industrial complex, as well as foreign coffers, amid multiple global hotspots and a couple major war fronts - most notably Ukraine and the Middle East. Brennan pressed Hegseth on the hollowed-out state of American arms stockpiles, invoking a recent plea from Ukraine for localized weapon production. "Let me ask you before...

The Market Is Grappling With Two Major Unknowns By Stefan Koopman, Senior Macro Strategist at Rabobank President Trump began this week’s Monday‑morning jawboning ahead of schedule. Speaking to reporters aboard Air Force One on Sunday evening as he returned to Washington DC, he talked up the negotiations with Iran, said that Iran’s new leadership already constitutes “regime change” and praised the “deal” with Iranian speaker Ghalibaf to allow up to 20 Pakistan-flagged oil tankers to pass through the Strait of Hormuz under Iranian (!) escort. Markets have already brushed aside Trump’s comments,...