WS #11986
No material new developments in the last 30 minutes. The Strait of Hormuz crisis, Fed hawkishness, and other prior themes remain unchanged with no new data points or counter-signals.
Topics
Key developments
- Trump reinstates Strait of Hormuz blockade with 20% cargo fee; oil surges 4%+
- Houthi missile strikes on Saudi Arabia break 4-year truce
- Fed Governor Waller signals potential rate hike if core CPI hot; gold plunges 3%+
- 12 state AGs file lawsuit to block Paramount-WBD $110B merger
- Federal judge voids Trump IRS settlement, refers lawyers for discipline
- MAG7 divergence: NVDA, AVGO, AMD, TSLA surge; MSFT, ARM decline