Trump Orders Navy 'Shoot & Kill' Iranian Boats, Says 'Doesn't Need A Deal' As US Intercepts Tankers From Hormuz To Indian Ocean

5 Charts To Navigate This Chaotic Market Authored by Adam Sharp via DailyReckoning.com, I have 5 charts for you today which put this crazy market into context and give some clarity on what might come next. We’re at a fascinating crossroads for markets, geopolitics, and finance. Let’s get started. Semis Party Like It’s 1999 First up, semiconductor returns. The index below includes U.S. semi stocks like Nvidia, Micron, Intel, Broadcom, Marvell, Texas Instruments, and more: Source: Charlie Bilello  As you can see, during the dotcom bubble, semiconductor stocks soared 234% over 14 months in the period leading up...

In a rare statement, Iranian Supreme Leader Ayatollah Mojtaba Khamenei said that the future of the Middle East will be “bright” without the US. “A new chapter for the Persian Gulf and the Strait of Hormuz is unfolding,” Khamenei wrote in a multi-post statement on his X account. “The brilliant future of the Persian Gulf […]

Johnson To Advance New 60-Day DHS Funding Package But Schumer Says DOA House Speaker Mike Johnson agreed to put a short-term DHS funding package on the floor The resolution would fund all of DHS, including ICE and CBP It would replace the Senate-passed bill on the House floor Chuck Schumer says it's 'DOA' Update (1340ET): After meeting with the Freedom Caucus, House Speaker Mike Johnson (R-LA) has agreed to advance a 60-day continuing resolution (CR) to the House Floor, which would fund all of DHS - including ICE and CBP - in lieu of the narrower Senate-passed bill. This...