"Reaching A Climax": Hedge Funds Turn Most Bearish On Yen Since 2007, As Former FX Czar Sees 20% Undervaluation

Has Trump Turned The Tables On Iran - Or Is Another Round Of War Coming? Authored by Trita Parsi via Antiwar.com, reprinted with permission from Trita Parsi's Substack. The Trump administration believes it has turned the tables on Iran. Washington assesses that the rerouting of maritime traffic through the Omani corridor, combined with a global shift away from Persian Gulf oil, has reduced the effectiveness of Tehran's closure of the Strait of Hormuz. At the same time, the U.S. blockade has sharply constrained Iran's ability to sell its oil. The result,...

The Monumental Mistake Of Raising Rates In September Authored by Daniel Lacalle, Three members of the Federal Open Market Committee voted to raise rates in July. However, the Committee held the federal funds target at 3.5%-3.75% by a 9-3 vote. Bank of America, Deutsche Bank, and J.P. Morgan all expect a September hike. Across the Atlantic, the European Central Bank raised rates by 25 basis points in June and is expected to raise them again in September. It would be a monumental mistake. The diagnosis is wrong on both sides of the Atlantic. There...

Rep. Tim Burchett Says "Names, Dates, People And Locations" Set To Be Revealed In UFO Briefings Authored by Steve Watson via Modernity.news, Rep. Tim Burchett (R-TN) says he is looking forward to what he has seen in classified UFO briefings be made public next week. In a clip that’s ripping across X, Stephen A. Smith asked point-blank: “You’ve said you’ve seen UFO briefings that would, quote, set the earth on fire, end quote. And you also said publicly, you’re not su*cidal. That’s a serious statement. What exactly are you being told that...