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"Early Signs Of A Turn In US Consumer Discretionary," UBS Says

"Early Signs Of A Turn In US Consumer Discretionary," UBS Says Brent crude futures tumbled below the $80-per-barrel level earlier this morning for the first time since March as traders priced in the U.S.-Iran peace deal and the expected reopening of the Strait of Hormuz maritime chokepoint on Friday. Goldman Sachs and RBC Capital Markets both slashed their fourth-quarter Brent crude forecasts, reinforcing the view that the war-risk premium is rapidly deflating. If oil has peaked, then inflation pressures may have peaked as well, a positive setup that could provide some...
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Jun 11, 2026 /
Trump Walks Back Plans to Bomb Iran, Claims Deal Has Been Reached
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May 1, 2026 / Tyler Durden
Top US General Signals Russia Is Helping Iran In War
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Apr 2, 2026 / Tyler Durden
Putin To Saudi Crown Prince: Russia Ready To Do Everything To Stabilize Mideast Crisis
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