The Strait of Hormuz is almost completely blocked right now. Traffic is down to almost nothing. The media keeps recycling the same “ceasefire” and “peace agreement” phrases over and over, but we’re not actually seeing any real deal with Iran. Markets are being set up for disappointment.

The route is basically dead and the media is still recycling the same old peaceful narrative. Why is everyone acting like this is normal? Omg. This is absolutely insane. Why is everyone acting like this is normal? pic.twitter.com/gO0lUmC7CO — NoLimit …

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This guy acting like he’s the victim

As he left the jail, Sanchez told us he is "focused on his recovery" and thanked first responders and the hospital staff. Says his trauma surgeon "saved my life" and that he is recovering slowly. pic.twitter.com/QiLaZ9knmm — Max Lewis (@MaxLewisTV) …

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Tariffs now acting like massive tax hike, 17.5% blended rate begins crushing consumer, business margins; Nearly 160 companies will lay off employees throughout June

After months of speculation about what duties will be implemented, we are finally starting to fully see the impact of tariff policies in the government cashflows data. Today the blended rate stands at around ~17.5%. pic.twitter.com/94MZRJOiFj — Bob Elliott (@BobEUnlimited) …

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Inflation Alert! Bank of England (50 basis points), Norway Central Bank (50 basis points), Swiss National Bank (25 basis points) all raise interest rates to combat inflation. Remember, JPow told Congress yesterday rate hikes needed here but the Fed is not acting while other central banks are.

by Dismal-Jellyfish Norway: https://www.norges-bank.no/en/topics/Monetary-policy/Monetary-policy-meetings/2023/june-2023/ Policy rate raised to 3.75 percent Norges Bank’s Monetary Policy and Financial Stability Committee decided to raise the policy rate by 0.50 percentage point to 3.75 percent. The Committee’s current assessment of the outlook and balance of …

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