Iraq-Syria Pipeline To 'Bypass' Hormuz Likely To Take Four Years, $15BN To Build

Iran Strike Debate Erupts: Joint Chiefs Chair Allegedly Resists, Trump Fires Back Military generals tend to be much more realistic about the potential negative consequences of going to war, as well as difficulties and challenges, over and against the often more hawkish policy-makers. Currently, Pentagon generals appear to be belatedly speaking up, as Washington beats the drums of war on Iran. The Walls Street Journal reports Monday, "The Pentagon is raising concerns to President Trump about an extended military campaign against Iran, advising that war plans being considered carry risks including...

Futures Flat Despite Blowout Nvidia Earnings US equity futures managed to erase overnight losses and were trading flat after Nvidia and Salesforce failed to assuage fears about an overheated AI economy while traders awaited color from today's round of US / Iran talks. As of 8:00am S&P futures were unchanged and nasdaq futures were down 0.1%, with NVDA up 1% premarket but well off overnight highs after its earnings report and guidance smashed expectations while CEO Jensen Huang talked about “exponentially” growing computing demand and “skyrocketing” adoption of AI agents. It wasn’t enough, especially...