Are Bonds About To Crash The Stock Market?

Houthis Fire On Saudi Vessel, More Ships Make U-Turns, After 'MoU Revival' Hype Returns Summary Hormuz indirect talks continue amid reports of a possible resurrected MoU deal. Shipping remains stalled with virtually no tanker traffic through Hormuz. Iran insists Hormuz stays closed unless its terms are accepted. Houthis escalate attacks, prompting more ships to avoid the Red Sea. Shipping Latest: Bab El Mandeb & Hormuz Iran has reaffirmed that if Oman does not agree to its terms for the Strait of Hormuz, the the vital oil transit waterway will remain closed, per Iran's Deputy Foreign Minister. This also...

Fed Holds Rates Unchanged (As Expected), 'Dots' Signal Hawkish Bias As Warsh Takes Over Tl;dr: No rate change (as expected) but a dramatically hawkish shift in The Fed's bias (9 members seeing at least one hike this year). Statement smilled down dramatically, also biases towards hawkish focus on price stability (inflation) over employment: "The Committee will deliver price stability". “The market is focused on the dot plot for now, with half the committee thinking there will be hikes. The bear flattening seems reasonable based on that. Those who looked for a...

Pitch For Defense Treaty And Moving US Military To Israel Is Insane Authored by Jennifer Kavanagh via Responsible Statecraft, On August 18, Israel bombed a non-operational Syrian air base, reportedly to derail Turkish plans to deploy military forces to the installation. The move drew swift condemnation from the United States, which did not receive prior notification despite its growing support for Syria, its alliance with Turkey, and the presence of thousands of U.S. military personnel based nearby, in Jordan and other parts of the region. Is this the behavior of a "model...