The Bond Market Already Looked Through The Inflation Headlines

Iranian Tankers Cross US Naval Blockade After Trump Deal Allows Iran To Restart Oil Sales The first Iranian ships crossed the area of the US naval blockade without obstruction after a memorandum of understanding was reached to end the war between Washington and Tehran, Iran’s semi-official Fars News Agency reported Tuesday. At least three Iranian oil tankers and two cargo ships carrying essential goods broke through the US naval blockade following an accord between the countries.  A large Iranian VLCC and another vessel used to transport livestock moved from open waters toward...

"We Shouldn't Have To Live Like This": UK Terror Level Raised To 'Severe' After Stabbing Attacks Britain's terrorism threat level was raised from “substantial” to “severe” on Thursday afternoon after a 45-year-old British national, reportedly born in Somalia, stabbed two Jewish men in North London. The elevation in the terrorism threat level suggests another terror attack is highly likely within the next six months, as Britain's experiment with mass migration is backfiring. The suspect is 45-year-old Essa Suleiman from south-east London, the BBC understands. He came to the UK from...

The elite escalated the war—and then split over it.