Trump Paused Project Freedom After Gulf Allies Reportedly Suspended Base, Airspace Access

Notwithstanding some of the positive words that came out following the talks in Geneva on Tuesday between the United States and Iran, the die is cast… The United States is going to attack Iran in an attempt to create enough social disorder and chaos in Iran that the Shia Muslim clerics will be forced to […]

President Trump spoke with Russian President Vladimir Putin by phone on Wednesday, during which the two leaders discussed the wars in Ukraine and Iran. According to Russian officials, during the call, Putin said he was ready to declare a ceasefire with Ukraine on May 9 for Victory Day, the day Russia celebrates the Soviet Union’s […]

Oil Up, Stocks Down As War Rhetoric Rises, Deadlines Loom After a long weekend of kinetic and verbal escalation (and a strong payrolls print), and with President Trump reminded Iran that his deadline for a deal looms, it is no surprise that oil prices are higher in early trading... WTI topped $115... Near post-war highs... And despite the recent hope-filled decoupling of oil and stocks... ...S&P futures also weak, down around 0.7% in the early trading... Treasury futures and gold are lower with USD/JPY near 159.70. While the Iran conflict has established an ongoing state of caution...