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It all sounds familiar
A parade of familiar but scary factors marched through markets this week as the bond vigilantes, tariff headlines, and escalation of military aggression in the Middle East all combined to take markets down late in the week. This is a continuation of last week’s selloff, and we are now a decent bit off the highs across the board. Correlation within the indices is at multi-decade lows as semis, MAG7, software, and consumer staples all trade like they are on different planets. The theory that the market is just a huge index being pushed up by passive flows has taken a severe hit this year as the entire story is about ... (full story)
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Explosions heard in Jask, southern Iran - State TV
BREAKING: Pakistan and Iran explore a path towards new talks with the US in a China- initiated push - Sources. Pakistan is considering resuming stalled US-Iran talks to end their nearly five-month-old war, according to three Pakistani sources, following a push by China. Exploratory discussions took place during Iran's Interior Minister Eskandar Momeni's visit to Islamabad this week, his second in the last ten days, according to sources.
President Xi, at our recent meeting in Beijing, China, told me that he would not, under any circumstances, give or sell Weapons to the Islamic Republic of Iran — And that statement included Chinese Companies. Considering our relationship, I take him at his word and, besides, l am doing him very big favors, also. Likewise, President Putin, despite the horrible War going on in Ukraine (The relationship remains, as it does with President Zelenskyy), told me that he would not sell Weapons to Iran. He understands that I do not sell Weapons to Ukraine, but to NATO Countries. They pay full price, and how those Weapons are distributed, I have no idea. Therefore, two major Countries that people speak of often in terms of Iran are, in my opinion, not participating. If they did, it would be very bad for them — Certainly not in their best interests. Thank you for your attention to this matter! President DONALD J. TRUMP
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- Jul 24, 1:41pm | 3 hr ago Posted byFundamental Analysis552
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