Not much to disagree with here. There's a lot of motivated reasoning going on in markets.
What if we've crossed a systemic threshold? What if that means no one can re-open the Strait of Hormuz? It's long past time to start thinking the unthinkable. bylinetimes.com/2026/06/01/n...
Karl Burke
Every instrument the United States uses to reopen the Strait of Hormuz – force, sanctions, a treaty – accelerates the structural decline that closed it
