"The Foundations Of Dollar Dominance Are Weaker than Anticipated..."

UBS Says Transport Stock Rout Is "Overdone" After Amazon News UBS senior analyst Tom Wadewitz, who covers freight transportation, told clients that Amazon's latest push to open its supply chain network to businesses beyond its own marketplace triggered an "overdone" sell-off in transport names, including UPS, FedEx, and C.H. Robinson. Wadewitz said the risk is not new, noting that Amazon's supply chain service has been around since 2023. He said the pullback has created attractive entry points in select transport stocks, particularly UPS, FedEx, and C.H. Robinson. "While we view AMZN's...

Trump Admin Provided No Defensive Action For Israel Amid Iranian Missile Salvo We've been documenting the apparent immense strain in the US-Israel relationship related to Iran policy and strategy. In this latest round of trading major blows, President Trump reportedly not only told Israel to immediately halt its response and to not retaliate, but gave no order for US forces to protect Israel, for example by manning and operating crucial anti-air defenses. While Iranian ballistic missiles were inbound, "The US military didn't take part in the Israeli attacks against Iran, the...

Conflict Hits 6 Months: Iran Says Diplomacy Can Return But "Pressure Doesn't Work" In what will likely prove to be a very limited and ultimately unfruitful diplomatic overture, Iranian Foreign Minister Abbas ​Araghchi has newly announced that Tehran views renewed talks with Washington as not impossible, and that dialogue can actually get on track - but so long as the US understands that pressure does not work. In a Friday post on X, Araghchi ⁠acknowledged "creative discussions" ‌with Qatar's Prime Minister and Foreign Minister ‌Sheikh Mohammed bin Abdulrahman Al -Thani, wherein...