NEW: Trump is signaling he’s willing to end the war with Iran without reopening the Strait of Hormuz—effectively handing control of the chokepoint to Iran and punting any plan to reopen it to a later date, per WSJ. www.wsj.com/world/middle...
Per FT, a Morgan Stanley broker contacted BlackRock in February about allocating funds into a defense-focused ETF tied to contractors like Lockheed Martin and Northrop Grumman, companies that typically surge during military escalation.
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LINK (paywalled): www.ft.com/content/744e...
Except the last 4 years Republican politicians have been taking credit for projects in their districts funded by Democrats that they voted against.
Trump ramps up market manipulation lies while Iran mocks him and rejects his framework outright. We break down his dangerous escalation, war crime threats, and WH chaos as Karoline Leavitt flails. All this and more on the MeidasTouch Podcast at 8p ET/5p PT!
SCANDAL ERUPTS: A broker for Defense Sec. Pete Hegseth explored a multimillion-dollar investment in defense stocks just weeks before the U.S.-Israel strike on Iran, according to the Financial Times.
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