I wouldn’t say long term, but it is a short to medium term concern. I also wouldn’t call it a shift in asset classes more a freeze on new investments. www.ft.com/content/ab7d...
Four crew members confirmed dead in US plane crash in Iraq as explosions heard across Tehran – Middle East crisis live
Close the Straits? Who could have predicted that?
Bush Sr.?
That’s revenue not being invested in the US stock market.
Gulf states lose $15bn in energy revenues since start of war ft.trib.al/HIKBysU
youtube.com/watch?v=hCi5... CIA Buildings targeted by Iran; probably using Intel from Putin’s Russia
He is a day late they flew back yesterday.
Trump is now dealing with the same political crisis as his predecessor. Except this time, he really did do it.
The Pentagon dismantled its civilian protection effort as Defense Secretary Pete Hegseth made “lethality” a top priority and the Trump administration reorganized national security around two principles: more aggression, less accountability.
Austin, TX, NYC, and today, terror attacks in Michigan and Virginia. The Michigan synagogue suspect was a naturalized citizen from Lebanon - home base for Hezbollah; the VA suspect was a convicted ISIS terrorist. More on my Substack: open.substack.com/pub/thefrank...
The Trump WH is starting to reap what it has sown in terms of screwing over counterparties:
-Iran can't trust a negotiated settlement so why reach one?
-Ds in Congress can't trust Trump to follow the law so why bargain w/him?
-Universities see past deals leading to future shakedowns so why make one?
2/ "The Pentagon and [NSC] significantly underestimated Iran’s willingness to close the Strait of Hormuz in response to US military strikes ... agency analysis and forecasts that would be integral elements of the decision-making process in past administrations were secondary considerations."
"Top Trump officials acknowledged to lawmakers during recent classified briefings that they did not plan for the possibility of Iran closing the strait in response to strikes."
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
www.cnn.com/2026/03/12/p...
I love when Trump brags about sinking a few of Iran’s traditional Navy ships, while ignoring the IRGC navy with thousands of small boats.
No way. We did not plan for the contingency that Iran openly threatened.
"Top Trump officials acknowledged to lawmakers during recent classified briefings that they did not plan for the possibility of Iran closing the strait in response to strikes."
www.cnn.com/2026/03/12/p...
Russia rakes in $150mn a day in extra revenue from surging oil prices
Also: Bessent announced today that we’re relaxing more sanctions on Russia. The US will allow countries to buy Russian oil stranded at sea
www.ft.com/content/dd97...
When the President decides photojournalists can’t take pictures at Sec’y Hegseth’s Iran briefings, it’s not a small thing. We’re connecting the dots to the larger efforts to erode our 1st Amendment rights, just when we need them the most. open.substack.com/pub/joycevan...
Where are we going to retreat to? Our bases being bombed in the Middle East?
The genius businessman strikes again
@elizabeth-warren.bsky.social
#medsky
“There’s no reason to expect that Trump’s Iranian debacle will prevent him from lighting yet another match of chaos or conflict. In fact, experience teaches that Trump bristling from a failure makes him more, not less, likely to do something equally stupid, and to do so soon.”
Good night! Sleep well! ✨😋
The political culture of the contemporary GOP is indistinguishable from that of the school shooter community
Well, there it is. Mines laid by small boats.
fun fact: the department of homeland security added restrictions last year to its nonprofit security grants program that help synagogues and other jewish institutions hire security that effectively makes it so that liberal jewish organizations can't qualify
Trump bails out Putin. An excellent graphic.
The UN's Independent International Commission of Inquiry on Ukraine has concluded the the deportation and forcible transfer of Ukrainian children by Russian authorities, as well as enforced disappearances, amount to crimes against humanity.
www.ohchr.org/en/press-rel...
