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Futures Slide, Oil Jumps After Trump Declares Iran Ceasefire Over
Futures Slide, Oil Jumps After Trump Declares Iran Ceasefire Over
Markets are on the backfoot this morning with equity futures and macro credit under pressure, bond yields spiking, the USD higher, and oil jumping after President Trump thrust geopolitical risks back into focus by declaring the ceasefire between the US and Iran to be over calling it “a waste of time” after the US launched strikes against Iran in response to attacks on ships transiting the Strait of Hormuz. As of 8:00am, S&P 500 futures slid 0.7% and Nasdaq futures slumped 1% dragged...
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Feb 21, 2026 / Mark Thornton
Four-Letter Economic Words
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Florida Cities Enforce Curfews And Mass Arrests After Spring Break Chaos
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Do certain groups of people deliberately seek out chaos? Do they revel in it so much that they choose to create it from thin air wherever they go? Or, are they completely unaware of the destruction that follows them around? One thing is certain - they obviously don't care about how it affects the people around them.
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Rickards: Investing In A World In Turmoil
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Authored by James Rickards via DailyReckoning.com,
To say that the world is in turmoil to an extent not seen since the 1960s is an understatement.
The war in Ukraine is now in its fifth year. The war in Iran continues with no end in sight, despite Trump’s optimistic talk. NATO may be nearing the break-up stage as Trump pulls U.S. troops out of Germany.
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