Stephen C. Innes

American historian

26 stories

21 quotes

Middle East tensions have flared again after President Donald Trump rejected Iran's latest proposal to reopen the Strait of Hormuz,
Scott Bessent and Chinese Vice Premier He Lifeng have already laid the groundwork in New York, with trade, investment and artificial intelligence on the table, but this is not a market waiting for a grand bargain,
Removing a dose of accommodation is not the language of a central bank that believes it has completed the job,
Hormuz is once again threatening to put a floor under oil just as Warsh is putting a ceiling on how much inflation patience markets should assume from the Fed,
Big Tech earnings now need to prove that AI revenues, margins and cash flow can justify the scale" of the huge investments in AI infrastructure
Oil makes the situation more difficult because Japan imports most of its energy. A weaker yen and higher crude prices arrive together like two waves hitting the same seawall,

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