Rate-Hike Odds Spike As Chair Warsh Tilts Hawkish, Questions AI Productivity Timing, Prefers "Quieter" Fed

Contacts Back On? Trump Proclaims Iran 'Talks Continuing At Rapid Pace' Amid Lebanon Ceasefire Efforts Summary Trump has announced the "shooting will stop" in Lebanon, after phone calls with both sides. Says Iran talks back on "at rapid pace". Iran announces halt to all exchanges with US, citing Israeli aggression in Lebanon. Trump says 'haven't heard' this from Tehran, vows to keep US naval blockade in place. Iran overnight initiated fresh attacks on neighboring Kuwait and even released video showing footage of a ballistic missile launch. The US bombed radar & drone sites in Iran...

Hormuz Traffic At Standstill After US Ship Seizure Confirming the Schrodinger nature of the notorious waterway, the Strait of Hormuz is now just closed even more than before Iran and the US said the vital oil channel had been reopened. Traffic through the strait on Sunday and Monday was reduced to a trickle following a Saturday surge, after Tehran rejected a continuing US naval blockade and moved to seal the waterway again. The reduced movement underscores just how quickly hopes unraveled that cargoes could once again resume. On Friday, Iran’s Foreign...

Ukraine Shot Down Zero Missiles In Huge Russian Overnight Salvo That Killed At Least 21 According to a growing casualty count, a large barrage of ballistic missiles fired by Russia on Ukraine has killed at least 21 people and wounded dozens more. The overnight attack has raised the alarm for Ukraine's Western backers, given it is being widely reported that among the over two dozen ballistic and anti-ship missiles fired, not a single one was intercepted by Ukraine. Huge overnight attack on the Ukrainian capital, via X The attacks come on the heels...