IT HAS NOW BEEN 100 days since Trump launched a war on Iran with no plan and sent gas prices spiking nationwide.
FACT: Americans have been saddled with an extra $55.6 BILLION (and growing) in fuel costs.
That’s over 3 months of pain at the pump, increased grocery prices, and more — all eating into wages as inflation grows!
And yesterday Trump said he was “in control” of the war. Clearly that’s not true.
Today we’re seeing oil prices drop while the US 10-year moves higher. This divergence suggests bonds may now be responding to risks beyond inflation, such as growth expectations or a fucked economy $SPY $USO $US10Y #FDT