---
title: 'Trump''s $5,000 Stimulus Dividend, Apple Morning After, PPI, Oil/Yields Pop 2026-09-10 15:17'
source: 'https://youtube.com/watch?v=qzyadA7XVos'
video_id: 'qzyadA7XVos'
date: 2026-09-10
duration_sec: 13255
channel: 'Meet Kevin'
---

# Trump's $5,000 Stimulus Dividend, Apple Morning After, PPI, Oil/Yields Pop 2026-09-10 15:17

> Source: [Trump's $5,000 Stimulus Dividend, Apple Morning After, PPI, Oil/Yields Pop 2026-09-10 15:17](https://youtube.com/watch?v=qzyadA7XVos)

## Summary

The video is a live market open stream from September 10, 2026, analyzing the impact of geopolitical tensions, particularly the Iran conflict and Houthi advances, on oil prices, yields, and equity markets. The host also discusses the possibility of a $5,000 stimulus dividend, the implications of the PPI report, and the technical outlook for major indices and stocks like Meta and AMD.

### Key Points

- **Market Open and Inflation Concerns** [00:00] — The stream opens with 28,000 viewers spamming rocket emojis. The host notes unexpected inflation and a shift in tariff style, joking about potential $5,000 stimulus checks and war with Iran, while the bond market reacts negatively.
- **10-Year Yield at 2007 Highs** [01:49] — The 10-year Treasury yield hit 4.92%, matching the all-time high from 2007. This is highlighted as a remarkable level, indicating significant bond market stress.
- **PPI Report Analysis** [02:06] — The host recalls a previous PPI report that came in at 8.9% versus expectations, making a thumbnail about it. Now markets must deal with inflationary measures, though the host thinks some of the reaction is overblown.
- **S&P 500 Technical Levels** [03:26] — The S&P 500 is bouncing around the 700 level, which is a psychological support. The host draws a gray support line at 702.87, noting gray lines are the weakest form of support.
- **Trump Advisers Warn of Long Iran War** [06:10] — Top White House advisers have privately raised the possibility that the Iran war could last through the end of Trump's term, which could have significant market implications.
- **Post-Trump Era Deflationary Outlook** [09:07] — The host outlines a scenario where after Trump's term ends in 2029, tariffs are canned, the Iran war resolves, and AI productivity gains anchor the labor market, leading to deflationary pressures. This makes long-term bonds an interesting trade for 2029-2030.
- **Meta Stock Technical Analysis** [13:25] — Meta is up about 2.3%. The host analyzes a diagonal resistance line that Meta needs to break through to upgrade it from a gray (weak) to a green (strong) support line.
- **Iran War Escalation and Oil Prices** [15:11] — The host discusses reports of a new war plan, potential $6,000 stimulus for midterms, and the impact of the Iran conflict on oil prices, which are above $104.
- **Iran War Duration and Oil Impact** [17:38] — Discussions about the Iran war lasting through the end of Trump's term, with long-term disruptions to global oil. Gas prices have risen from $4.01 a month ago to $3.19, though the host notes Trump often speaks optimistically about the war.
- **Meta Breakout Levels** [20:37] — The host identifies a horizontal resistance at a certain level and a pre-market rejection at a diagonal, suggesting key breakout points for Meta.
- **Market Update and Bitcoin** [25:25] — The market is not as bad as pre-market, with most pain relaxed. Bitcoin is under $77, and the host checks Al Jazeera for updates on the Houthi situation.
- **Houthi Advances in Yemen** [26:10] — The Houthis have captured Mocha, a port city in Yemen, which could give them control over the southern Red Sea, impacting maritime shipping and oil prices.
- **Oil Prices and Yields** [34:20] — Brent crude is at $104.52, and the 10-year yield is at 4.92%. The host notes these are crazy levels, with oil contributing to inflationary pressures.
- **Trump's Warning on Pickaxe Mountain** [36:15] — Trump has urged Iran not to 'get cute' over nuclear activity at Pickaxe Mountain, following a barrage of attacks. The host discusses the significance of this warning.
- **CSIS Analysis of Pickaxe Mountain** [38:46] — A CSIS analysis shows increased construction activity at Pickaxe Mountain, indicating Iran may be hardening the site for nuclear enrichment, making it harder to strike.
- **Bunker Buster Limitations** [44:30] — Bunker busters can reportedly go 60 meters deep, but Pickaxe Mountain's defenses are difficult to penetrate. The host discusses the 'double tapping' strategy and structural weak points.
- **Sustainability of Bombing Iran** [46:29] — The host agrees with the analysis that repeatedly bombing Iran every few months is unsustainable if the goal is to prevent nuclear development, given the numerous underground facilities.
- **Market Stalling** [47:00] — The market is basically going nowhere, sitting at 708. The host notes a pattern where the market tanks after 5:20, and mentions AMD as a fun play between 452 and 520.
- **Risk of Attacks on US Aircraft Carriers** [49:11] — The host expresses nervousness about potential attacks on US aircraft carriers, which would be a major escalation and could rattle markets.
- **IAEA Confirms Activity at Pickaxe Mountain** [52:00] — The IAEA is now confirming activity at Pickaxe Mountain, though no official statement has been made. This is reported by Bloomberg.
- **Corvvis Lobbying and Sanctions** [52:30] — The host discusses a Bloomberg report on Corvvis, a lobbying firm that suggested relaxing sanctions on Iranian and Russian oil, potentially benefiting sanctioned tycoons. The FBI raided their headquarters, but no charges were filed.
- **IAEA Confirmation and Market Impact** [57:45] — The host summarizes that IAEA confirmed activity at Pickaxe Mountain, and the market is doing 'horrible' despite a 69% chance of a rate cut, which could change rapidly with CPI.
- **Oil Above $100 and Market Summary** [59:00] — Oil is above $104, a level not seen since March. The Q's are doing okay, AMD is down a couple percent, Bitcoin regained $77, and Hood is flattish.

### Conclusion

The video highlights the complex interplay between geopolitical risks, particularly the Iran conflict and Houthi advances, and their impact on oil prices, bond yields, and equity markets. The host suggests that while short-term inflation is a concern, long-term deflationary forces could make bonds an attractive trade post-2029.

## Transcript

statement So this is is reporting by Bloomberg We've seen this uh obviously the the the report but that wasn't from the IAEA
IAEA tycoons Wow Early in March as
executives at a Washington-based lobbying firm called Corvvis made an unusual suggestion The Trump administration should relax some sanctions
days the Treasury Department issued of Iranian and Russian oil stranded at
secretive sanctions busting shippers dark fleets a temporary past profit Corvvis represented a
Singapore-based Singapore-based companies requests on for comment
represent the Iranian oil tycoon or these folks Both men have sanctioned bunny But again this is interesting just because it
how like outside money influence affects the Trump administration administration administration At the heart of Corvvis's operation is a husband and wife
team Send her in Uh okay Let's see Let's see Let's see FBI has raided their headquarters No charges were
were filed Corvvis employs 100 people according to to Pitchbook blah blah blah blah blah blah
In secret private meeting in a series of private how they could shield their financial networks from financial regulators and navigate
media Man it's all a secret club and we're not in it Huh uh do they make this link to to
Russia and Iran Let's see Five months after after for
some of these sanctions meant that Iranian That sudden change
for the politically connected trading entities that dominate these people would have basically been a hero for
also created a windfall for the dark dark Russian crude trade US officials put
put coral under scrutiny release rejecting assertion Okay Beyond the salt in response Corvvis is never
Russia part Let's see if I can find Iran and Russia It's a long relationship
with Ibio part of Donald Trump's board of peace in
Gaza man Lawmaker scrutiny Okay that's Putin Putin coral the shadow flea
fleet Oh here Vladimir major source of support for the war machine a major source of support for the Kremlin War Machine Coral Energy
Energy Coral Energy under scrutiny Corvvis helped them rebrand
Interesting Wow That's I mean a quick read we can really grasp but it uh doesn't surprise
me Okay so so IAEA confirmed activity regarding Pickax Mountain We talked about that and then we talked talked about
CSIS Okay So as a result how are we doing over here horrible despite uh with with
69% Uh but but those pricing doesn't really matter until we CPI because it can can uh 68ish it can change very
rapidly 67.8% right right now They're like tomorrow uh at 5:30 in it'll just end
blow over this and buy a little bit more more time Okay Oil about 104
1047 Gez When's the last time we were over 100 That's probably March Let's zoom in Year today Yeah Over here Oh May We're still over 100 in
been a pretty consistent uptrend uptrend here Okay Uh Q's are doing okay 13 AMD still down a couple
percent A lot of red Bitcoin regained 77 Hood's basically basically flattish Cool All right And
And anything else in Iran Let's go to let's try the Financial Times So Financial Time time times Silicon Valley bets on a
bats startups moonshot sectors battery
moonshot sectors I I guess that's fair Okay sticking on Iran for a
a moment Saudi Arabia cuts oil output to lowest this year on Houthy threats So that's a problem too IMF ditchtop candidate for chief economist job over Trump terror
remarks Houthies capture Red Sea Yes we talked about that that drone almost struck Silinsk's plane Wow
plane on president
to take off from Muldova Silinski confirmed the reports type drone That's crazy Could you imagine if they ended up
uh Zalinski Zalinski situation would substantially getting getting updates now Yemen's Houthy spokesperson says
blockade is lifted Iranianbacked Houthi and defensive Houthies say that the freedom of navigation in the
interrupted That's an interesting I think what they're is they're trying to prevent the Saudis from lashing out against
Americans in 30 different different states The White House overcharges under the the Obamacare health insurance
over the years they've been accumulating in an account at issue those checks tober Of course that's that's just a
suggesting here that these overcharges were collected by funds that were not used to benefit the Americans who paid
Americans coming just before president last night uh at his midterm convention in in Dallas
$5,000 000 to every American uh if Republicans were to win administration that is focus
Whether the that work work out that's a separate question but the
the president said last night he wants to send more money to more to but Congress ostensibly will have something to say about that
about whether they would have the votes for it. Yeah I mean that You're talking about in a trillion dollar expenditure
would not be balanced by anything And of course uh the and and send that money back to Americans Um and that of course
great for dealing dealing with American deficits So at some unclear Uh but this idea of just sending money
twice in 24 hours from this that you're you're talking about it who's eligible It's it's
premium It's a subset of enrolles to Obamacare uh who the the administration says were overcharged in the pre previous
saying is that it'll be ultimately who will qualify
Obamacare uh but nearly a million Americans in 30 states Javies This morning still oil extends its its gains today
106 this morning And we're getting some new inventory data cross CEO of Compass is with us We'll get his reaction to
there's a lot just just going the $5,000 stimulus you've got the the $500 Apparently this is
to affect uh the our back from insurance
this Okay So this is $500 Obama
Obama Care refund Okay So it looks like this is Let's pull this out over here here sec Okay here's an an Axios piece on exactly
what's going on So this is $500 checks to as many as as 1 million people overcharged for health insurance premiums under under
Obamacare Okay Uh this would be a direct deposit deposit 30 states Uh this
would be be right before the election Of course we said to be tenant of Trump's subsidizing Americans directly for their coverage
planned and previously previously uh talked about um I mean subsidizing people people
people directly This also lets him brand it as you know his money so to speak uh uh that he's distributing Okay Uh
the money would come from let's see excess fees fees paid by so it's some kind of calculation money comes comes from some calculation of excess uh fees paid
by Obamacare enrollies enrollies uh who then uh well I'm guessing that White House must have negotiated negot some refund uh
excess fees came back to gov So basically basically basically uh it's money people already paid for their insurance that they're getting getting part
of back So it's not debt bond market is super nervous about this right now Uh officials
don't receive premium assistance So eligibility eligibility eligility enrolled in Obamacare don't receive
subsidy Okay Mostly these states states right here Alabama Alaska
South Carolina Michigan Ohio there is a White White House brief
using fees from this fund to help provide no no cost plans that didn't cover it Republicans in Congress objected
dedicated to upkeep Obamacare exchanges exchanges staffers who objected
Trump of the fees to to lower premiums but realized there was a sizable
pushing a new healthcare healthcare plan Okay so there's Interesting There is a White House rebate on
this Let me see see here Where is it okay Uh let's let's see Small fee Oh they come from basically
fees to to run the actual Obamacare website Fees paid by insurers insurers to run Obamacare website Uh White House says 500 million million extra
is built up from Biden gears Actually interesting It's basically just dispersing that that
500 million $500 a piece That's That's where you get it So 500 $500 times 1 million people equals 500 mil Basically d like clearing out out the
fund Okay So that's really interesting So it really really grew under Biden not Trump So it's almost kind of like
like a Biden stemi Uh the White House press release Americans through Obamacare plan exchanges under user fees that were passed
funding actually
overcharges As a result the Biden administration accumulated funds How interesting They're actually bluntly saying "Yeah it
actually Biden's money that we're giving back but the branding is but they overcharged you Obviously if purpose which you
people order Blah blah blah Okay this is all on the Trump is calling
enact the great health care plan to lower drug prices right is is hard Nothing's getting done till after midterms and
This is really emptying a pot that already exists It's not It's not more more debt which I guess that's that's
subsidies occurred between 2021 to 2025 And these subsidies subsidies doubled enrollment to 24 million before the
subsidies is expired Ah I see Okay So uh in part uh the excess fees based on a percentage of
premiums uh didn't adjust down with scale as as enrollment doubled to 24 million people between 2021 to 2025 That makes
sense Uh let's see here The fees were about the fees fees were between 2 75 to 3.5% some under Obama term
Okay So some term one Some of the fees wasn't
I mean it's really what he's doing is he's pulling pulling to try to get votes It's it's everything
everything possible to build votes right All right Uh very very nice Nice little so that's good
might hit the restroom really quick before I explode I'll be matte finishing side versus more glossy the way Samsung does also
I think in certain angles it's there but people will have have or the lack of it I should say uh and the larger screen screen
how does the phone really really hold up when you open and look like when you start consuming a whole lot more video
right So then what are you going to be looking for in terms of so Tom our take is this phone is going to sell as many units as
months Uh eventually the two things you got to watch is is as people start using it you know in Q4 is does the the it right Samsung Samsung for example has had a lot of
one but I do think the newer two if apple can just sell model that will alone drive about 25 billion of revenues in
work very well u supply high constraint not demand constraint time. Were you surprised at the price point
the Wall Street analysts were expecting I say this I think all the entry-level models the Pro Pro
points are lower than what folks expected it to be right Uh what in fairness you look at it the higher to your models the 1 1 TB
increases are happening So I think they're trying to keep the especially with with tradeins it's the higher level models
Pro Pro Max side for example. Upcoming Upcoming catalysts uh software developers and what they're going to do with this
you know know listen as as people have their have their matter a lot iPhone deliveries will come out you know as
other part I'll say that you know what's missing in this in a fair amount about all this said is hey whatever I I agree
going to sell as many as they can make completely Operations Coordination Center says Red
except Saudi trying to target food in the Red Sea but they are trying to
Saudis That drives oil prices up even more It just doesn't doesn't end right now That's quite
exhausting All right Uh so oil right now now still stable around 104 though All right
man So let's um let's go through just because because it is it is relevant to things here
Um one will be be the Obamacare about
Iran There's so much to talk about so we'll just keep it it simple All right
Very well Okay oil Yeah it's still trending up 1046 Now uh as far as the
the fees okay yeah we talked about that that Okay let's get this this cooking and then uh we'll talk
There's so much much Obamacare Good old Obamacare You know I remember when Obamacare
Obamacare passed it was 2010 and there were a The The thought was "Oh the government's getting all public exchange for a period of
Uh and and I should also make a note that you would have had to just trying to think about this structurally You would have had
bought uh through the portal So for eligibility eligibility purposes Uh so that would be bought through portal Uh or
the market should say uh if you bought from an insurer directly uh uh the platform fees don't get charged which makes sense
sense States wouldn't be included That's worth noting Or state run exchange
is not not included Uh let's see see here And then of course what years to be be
determined Okay What a a mess All All right So where is my White House
fact sheet White House House fact sheet $500 Obamacare Got it All right So this was just issued within
the last hour here here here All right here we go Let's summarize This is in
to be to break this down as simply as possible So first yesterday we
check to all adults That's as many as 270 million Americans if Republicans sweep sweep both the House
dividends and tariff Uh I I think a lot of people are going to
you're just trying to buy our vote." And people are going to not very likely but the bond market's not very very happy
markets A lot more debt About 1.35ish trillion dollars of happens if you're going to do a big stimulative plan like that
some more tax breaks maybe even the capital gains then then balloons into a multi-t trillion dollar package
Obamacare refund is a little different So it's a little simplify it
realized okay we're marketplace that the government's going to put
website And this website we call a marketplace It makes it sound website right But basically it's a marketplace a website where
could buy uh the you know what I buy the Kaiser man Whatever you was to put them all in one place to make
where where subsidies plans There was no government option included in Obamacare
in 2010 when it was passed Now what's interesting actually in debate back then I had debates about Obamacare So I I remember
school But anyway what's interesting about this is that this platform would collect fees of between between 2.75 to as high as 3.1
as like 3.7% Some of those fees Trump
fees So this is how much was collected to run the website The 2021 and 2025 enrollment
this platform marketplace
it's a website it's software So that meant fees had ended up
extra money that the government has access Now uh uh the Biden administration wanted to
use this slush money to basically uh provided probably would have been like a
around this channel but but uh would have probably have been contraceptives to states that aren't which is kind of a more
distribution distribution of money uh especially in states religious that are not not supportive of that Okay that was
dying And so that money's been you know Biden was trying to send to pee pee I'm
entities and organizations for distribution purposes That money $500 million now So you got $500
the very first thing that Donald Trump thinks of when uh he you know sees money sitting around is is how can I
we could buy votes Don't get me wrong all the politicians do this You remember the Gavin Newsome stimulus relief
people calling it relief checks they were inflation
this is that's how you cause inflation and they're sending relief checks Anyway it's basically the same idea here
slush slush money It should not affect the of money
debt debt Now could they take this $500 million and just
send it to pay off the the debt Yes But does that they're saying $500 checks We got $500 $500
eligible for this money the drawing Hold on let me
You had the orange ready to go It was meant to be All had to have been enrolled
didn't qualify for the generally what the rule of thumb is If your income is too high
the the marketplace and you pay that excess fee if you will exchanges are not included in this So states like California
going to apply uh and there's a apply to what appear to be relatively
Arkansas Florida Delaware New Hampshire Texas Wisconsin South Missouri up to about a total of 30 states that would be eligible
per person for nearly 1 mill million million Americans in 30 it's not issuing debt but then we're also not paying off the
expect to go out before the we're trying to buy your your vote but you know you get a
Bush did that Who remembers remembers that George W Bush checks around I think it was 2009 Is it 2009 or
2008 It It must have been 2008 because uh Obama won November right Oh interesting to see when did
checks Quick Google I got to know now February 2008 Yeah $300 to $600 Look at that for
check My dad the check He's like "Wow the president just sent sent us
Uh anyway I know know exactly where it was and have I don't know why but that is the very first stimulus check uh
memory Is it grain like seared into my my mind Very weird But as the Biden administration in mind the Trump administration also
interesting thing Like on one hand he's not being transparent continued those fees because they could have turned the dial
all this money for for you This is Biden's stimulus." You know Trump is going to slice it as I'm the hero giving it it back
gone through most of the details of this 2021 and uh 2025 Uh that's when we had that that 2.75
to 3.5% uh fee Uh sorry enrollment doubled between 21 exchanges began to help first created after
infrastructure the money really started acrewing postcoid as Obamacare you didn't receive which means you bought through
marketplace and you didn't pay get a subsidy you would be you're on a state-run exchange it would not qualify although a
later especially Gavin Newsome he does that all the time it's then you had to have made sure that you are not getting an
So there you go That's the fact sheet broken down on the refunds and whether or not that would actually affect the
points at 9.4% It's It's eighth of of
that Now we got some Iran yapping to do There's a lot lot now All right Can
consumers make any sense I don't need $100 or whatever I if I'm I'm diagnosed with cancer I need All right So the idea is
the original original thesis was if you're too uh you know low income to afford the health insurance plans on the marketplace We will the
basically send some of the money to the insurance company to were were
Um framework uh that is getting
video and so I you for bringing that that up Okay so let's see
here What is what are these lines coming in The IMF says the are mounting Disinflation progress has stalled Oh man Dude not good dude None of it's
moment Okay let me get this cooking cooking
cooking Okay Bill McDermott from Service Now is coming on No way. And with the NFL season now underway sports customers from from predictions markets We're going to
was a big big event in our S&P is down for a fourth consecutive day You see the
Uh looking for its potentially highest weekly close since mentioned 5% almost We're closing in on
the former director of the National Economic also the former president of Goldman Sachs and current vice
good to be here on a day like with these with these rising be about these levels? Well I think the the Treasury yields
the oil the oil rate market correlation is very high today I feeds into the general consumer mentality
surprised at how resilient the consumer has been in the face of We've had this conversation many times I think the consumer in
poorly If you actually poll poll consumers today on how they feel you actually look at the real data and you look at real wages
executives on talking about credit cards and how well it's decent situation You know they're positive wage growth
And I think we're going to continue continue to be in this fear of AI There's fear of oil prices There's there's fear of
these things are driving consumer sentiment but they're so interesting Watch what they do What that not what they say
self-reinforcing. Treasuries are watching oil Oil's rising The know we're seeing already 30-year around 7% where that
impact The initial impact we've seen you know We've seen credit seen mortgage rates go
Fed funds with with which is what the market That's a there's a real time reaction When the futures
repric lend loans to their consumers almost instantaneously is a a continued negative effect on the economy as people try and
they need to borrow money power goes down Look I think
involved in the Treasury market I think they're concerned about inflationary but at the end of the day it makes our exports
it it's very difficult to actually intervene in a market Um I would almost point to there's almost no case and
Secretary is a very smart guy He knows it He's the market is the market and the market will find a natural
he's he's impacting duration for some period of time that too I understand what he's trying to do I understand he's trying to
Um and I understand the reason why he's doing that but at the he's he's got to keep issuing debt And unfortunately the the
spend less money That's not going to happen. Aren't you you spending if I mean either with Congress or without Congress. Uh
Um obviously necessity will breed some type of response but the first sort of focal point which is social social
the problem We should just against them raising social security the cap on the social
things that we could do in the social security system to Um so if you look at where we are are in debt and deficit you
by not cut spending or not revamp the program We'll just we're not talking the president's not talking about
increasing spending Here's what he said last night about this win the House of Representatives and the United States Senate
tremendous economic success like in in history because of our tremendous strength and
success economically I will issue a dividend to every adult citizen in in the United States of America for $5,000. Is that possible? It's
Congress But here here's here's the put this through
they need a simple majority in both the House and the Senate will take credit for that he will tell them look I want this
meet a bunch of opposition opposition from different places possible. Do you think that he can pay for it with tariff
although I don't have current data that the Border Patrol's budget or sitting in their bank balances
a trillion dollar payment out to to us. Yeah it'd be like 1.3 a three. Okay. Yes I mean what we're assuming tariff tariff
is hard. It's a lot It's a lot of years. It's one false false swoop of collecting tariffs and assuming
makes a lot of of assumptions but look can he get it through powerful way to get through. You know that pretty well. I I know
the paper. It is kind of like a free ice cream pitch huh All because it's it's a lot
Um so let's clean this up So we'll do a a Ron Uh we've got the close calls on the ships to cover We got the war lasts lasts forever Uh
concern That's not good Uh let's see here Let's move some of this stuff Okay we have the updates out of Al Al Jazer
Yemen the the maps We got to cover all that We've got Oh let's see here The inflation inflation shocks We've got
that What's going on with these announcements We could probably start with with that
Jeez man There is so try our best to
right what's going on with
Red Sea I'm going to break down what their target is what's safe and what's not safe We've got to
about how Trump says the Iran War uh well his advisers were Iran War might end up up lasting throughout all of Donald
are are talking about And then we'll also the
just released a statement I'm going to read it to you the way inflation inflation expectations have risen but still remain
while How long can that last They say the energy shock from pressures are mounting and progress on disinflation
has stalled They say that liquidity problems are in parts of Africa That's reference to
remain focused on price ability So So the ECB today expected to set up multiple interest rate
holding on for a little potential that Trump's top top advisers are now quote unquote
through the the end of Trump's term Let's take a look at a of this private discussions inside of the Trump cabinet and
warning the war could last could
military military tactics extending past inauguration day Wednesday that the war will end immediately after midterm
it's going to be a short less than 60 day or 6 6 turned
lot of people are nervous that Ukraine in 24 hours We'll see But anyway uh Donald Trump says
any longer And it is true the economy in Iran is shrinking substantially It's expected to shrink to the tune of about 5.4%
massive inflation their wages aren't keeping up food's getting The The regime facing
folks in Israel like BB are facing elections Uh the regime hold on power in Iran At least that's my impression especially
out pickaxe mountain more which is is what we expect to be the to reach We'll talk about that in just a moment But let's take
return us to forever told from the inside inside that an economic siege via his naval
sanctions program uh will take much more time than than it's you know we're not really
force them into some form of attacked Uh which obviously helps send oil prices up And
attempts by the Iranians to to strike warships In fact here you close calls with US warships Uh Iran Iran shows new appetite for
one of these now maneuverable striking something like a US
ability of the United States to launch attacks but also be the risk that if you strike an aircraft carrier carrying
there's a good chance some Americans are going to get within the last last week indicating the conflict with
point where the prospects for a a peace deal are very very hope is that that you know like can it really get much worse
oh this war is going to last forever or you know through 2029 I guess it could and so that's where it's so hard or impossible
situation situation is going to Reserve to hike rates response to
war ends Right Right now we're pricing in a 67.6% chance of a predicated on CPI this morning or tomorrow morning We did get
PPI that that came out on a core basis actually came in roughly headline number is just pretty rich though The headline
expectations just isn't fight the uh oh oh inflation expectations or stable narrative
is how long can they actually remain stable uh they talk here extending the MEU support the expeditionary unit support and
what's problematic here is not just the squeeze on Iran going on in
of the Mocha port Uh we don't know how that control of the relatively small
town Uh and they do have this port port here that uh in the got a few things going on over here So
of Hormuz Here Here you've got Lorac Island you've got Hormuz here Iran wants ships to go along the Iranian coast The
secretly secretly smuggling ships along the Omani coast This To circumvent this issue Saudi Saudi Arabia is taking
piping that oil east to the west to get to the Red Sea and then we could either
into the Mediterranean right here Or or we could go south through the Red Sea and come out of the Babal Mandud straight
international But
ships that are not safe are Saudi ships That's because what the Saudis are doing is