"Just Another Dip Investors Will Buy": Futures Drop, Oil Rises On Renewed Iran Tension

US, Israel Insist Iran Ceasefire Doesn't Apply In Lebanon, Which Suffers Huge Airstrikes Israel has made clear that it doesn't see the newly declared US-Iran ceasefire as applying to its war in Lebanon, where it is still trying to destroy Hezbollah. The White House too has made its stance clear that it doesn't apply, but President Trump has stated his intent to take care of a Lebanon ceasefire separately.  The military has unleashed hell on Beirut, southern Lebanon, and the eastern Bekaa valley overnight and through Wednesday - with Beirut suffering...

Fed Remains On Hold (As Expected) Amid 'Uncertain Implications' Of War With Iran Tl;dr: Rates on hold as expected with a hawkish tilt to 'uncertainty' around the Iran war clouding the outlook. The Dot-Plot showed no real change (7 on hold, 12 at least 1 cut in 2026) but inflation expectations surged in the SEP. *  *  * A lot - and we mean a lot - has happened since the last FOMC meeting (Jan 28th). Oil is up 54% since the last FOMC meeting, bitcoin has tumbled. Gold and stocks are also...