US Says Iran's Threat To Hormuz Traffic "Degraded" As 23 Nations Signal Waterway Support

September Market Weakness: The Setup Has Teeth Authored by Lance Roberts via RealInvestmentAdvice.com, The Setup Has Teeth Earlier this week, in our Daily Market Commentary, I flagged that the market was testing support after three straight down days, starting in September, with the calendar. That was just the warm-up, as the real story lies in a note from Scott Rubner at Citadel Securities, whose read on September market weakness is among the best that I have read. Rubner’s case is not that the bull market has ended. It is that the near-term math just...

Paris Riots Fuel The Right: Jordan Bardella Reaches Record High Approval Via Remix News, With French national elections approaching in 2027, the mass riots seen in Paris following the PSG victory in the Champions League are leading to an even sharper electoral shift towards the right-leaning National Rally’s Jordan Bardella. Verian’s June barometer, published by Le Figaro Magazine, places Jordan Bardella at the top of political figures, with 47 percent of those questioned wanting to see him occupy an important place in public life.  This rating, up six points in one month, reveals a record...

Brent Falls To Pre-War Levels As Trump Contradicts Tehran On Hormuz Tolls, Nuclear Inspections Brent crude oil prices fell below $75 a barrel late yesterday, marking the first time the global benchmark has traded under that level since the outbreak of the Trump-initiated Iran conflict. The drop in crude prices could provide relief for consumers and businesses by easing pressure on fuel costs and inflation, a desired Washington outcome of the MoU signing - for which Trump has come under severe criticism from hawks at home. Speaking of escalating, we have...