🔥 BREAKING 🔥
Israeli tech found in Russian Military boot insoles.
Russia has impounded hundreds of boobytrapped boot insoles intended for Vladimir Putin's foot soldiers, say the Federal Security Service (FSB).
United CEO Scott Kirby expects oil prices to stay high for longer ($100 or more through 2027) and plane ticket prices to potentially rise 20% to compensate for higher fuel costs, per Bloomberg
@FirstSquawk They’re already framing it as a win to cover the concessions required to get Iran to agree to open the strait. My understanding remains unchanged, no boots on ground.
Update:
10y UST yields (blue, RS1)
USDJPY*oil (red, LS)
USDCNY*oil (green, RS2)
Hormuz is still closed; China still has several years of oil inventories; 10y UST yields are ~20-30 bps from triggering a US & global debt spiral. What happens first?
Let's watch.