Not the kind of measures you do if you're serious going back to 2% FYI

Posted by Kobeissi letter on Aug.11th, republished the weekend after Warsh hawkish talk 2 weeks later.
interesting timing

Smart Icelanders, current EU has nothing to offer to a rich country, just pay more taxes

Trump probably had other plans for oil prices with his weekend announcement of stealing Venezuela crude

NQ at the NVDA earnings announcement low already

Debatting if this is the dip in gold or there is more to come. I will buy some EOY options tonight

How much did Warsh successfully plant doubts into the minds of the market he is really serious about inflation beyond managing the market

Could this Warsh speach be buying time hoping to get data (either cpi or employment) justifying not to hike?

I'm inclined to fade both up and down move this week

Trump will win in Iran if he maintains Crude below 90$ into the mid term basically

Because if he does he has a chance of winning the mid terms and that is all he cares about

After the midterm regardless if he loses or win them he will have a lot more time on his hand than Iran has

So yes Iran has to blow shit up and make crude go 10$+ from here before mid october or they're cooked

Not exactly conducive to gold outperformance when you saw what it did in March

They're sending roughly 12 to 15m barrel a day through Hormuz, if you add the SPR release and the increase in export elsewhere the oil market is again roughly balanced.
So now Iran has to bring those 12 to 15m that flows to a much lower number.
iran has to move from a purely defensive base to an offensive one, it's harder to do and it is more costly politically to cover blowing up the economy when the US is not attacking

https://www.youtube.com/watch?v=-EI0tPNhYZo
The FOMO co-founder saying they're looking to do an IPO and not a TGE lol

Nice bullet used for nothing here Mr Trump. Oil +4% since your announcement

Looking like inflation about to go back to target very soon

I'm impressed by crypto strength