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Weekly Market Pulse: War. What Is It Good For?
Sentiment, about the economy is negative right now, but that isn’t a new development. The University of Michigan consumer sentiment survey is near its all time worst reading, which was set just a few years ago in 2022. The expectations portion of that survey is currently at levels only seen in the mid-70s near the bottom of the 73/74 bear market, the double dip recession of 80/81, the first Gulf War in 1990, the 2008 financial crisis, the 2011 Euro crisis and the inflation surge and bear market of 2022. Consumer sentiment is not just sour but on par with some of the worst economic times of my life. Consumer ... (full story)
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Trump on Iran: Will completely obliterate all of Iran's electric generating plants, oil wells, and Kharg Island if a deal is not reached 
The United States of America is in serious discussions with A NEW, AND MORE REASONABLE, REGIME to end our Military Operations in Iran. Great progress has been made but, if for any reason a deal is not shortly reached, which it probably will be, and if the Hormuz Strait is not immediately “Open for Business,” we will conclude our lovely “stay” in Iran by blowing up and completely obliterating all of their Electric Generating Plants, Oil Wells and Kharg Island (and possibly all desalinization plants!), which we have purposefully not yet “touched.” This will be in retribution for our many soldiers, and others, that Iran has butchered and killed over the old Regime’s 47 year “Reign of Terror.” Thank you for your attention to this matter. President DONALD J. TRUMP
The United States of America is in serious discussions with A NEW, AND MORE REASONABLE, REGIME to end our Military Operations in Iran. Great progress has been made but, if for any reason a deal is not shortly reached, which it probably will be, and if the Hormuz Strait is not immediately “Open for Business,” we will conclude our lovely “stay” in Iran by blowing up and completely obliterating all of their Electric Generating Plants, Oil Wells and Kharg Island (and possibly all desalinization plants!), which we have purposefully not yet “touched.” This will be in retribution for our many soldiers, and others, that Iran has butchered and killed over the old Regime’s 47 year “Reign of Terror.” Thank you for your attention to this matter. President DONALD J. TRUMP
*TRUMP: GOOD NEGOTIATIONS TODAY WITH IRAN ... *TRUMP ON IRAN: THEY HAVE BEEN REASONABLE ... TRUMP: PROVIDED US 20 LARGE OIL VESSELS THROUGH STRAIT OF HORMUZ STARTING TOMORROW MORNING TRUMP: NEGOTIATING BOTH DIRECTLY AND INDIRECTLY WITH IRAN. - FINANCIALJUICE ... TRUMP: BELIEVE WE WILL STRIKE A DEAL WITH THEM FAIRLY SOON || POSSIBLE WE MAY NOT REACH AGREEMENT Donald Trump indicated that a deal with Iran is within reach and may be finalized in the near term.
Yemen’s Houthis launched a missile strike against Israel, the group said Saturday. It was the first time the Tehran-backed militia had intervened in the U.S.-Israeli-led war against Iran, which has entered its second month. “The Yemeni Armed Forces ... have carried out the first military operation using a barrage of ballistic missiles targeting sensitive ...
