Notes in the Margin

"Americans continue to reel from prices that soared during the pandemic, never came back to earth, and keep ticking higher."

The automatic registration will apply to male US citizens and “every other male person” in the country between the ages of 18 and 26.

Inflation pressure, plus uncertainty means Japan, like the US, faces upward pressure in bond yields. This will bring down a lot of overleveraged households and businesses. 

But why did she bring it up? It could be the Iran war is going so badly that the White House would rather we talk about Epstein instead. 

The true total of US national security spending in 2027 will be far beyond the already record-shattering $1.5 trillion military budget President Trump has requested.

"The number of Fed policymakers willing to consider an interest rate hike rose ... as higher gas prices stemming from the Iran war threatened to worsen inflation in the coming months."

"This new regulatory framework ... has been officially communicated to regional parties. There will be no return to the pre-war status quo." 

Chilean President Kast said Chile had been "violated by illegal immigration, drug trafficking and organized crime." 

The Straight of Hormuz is closed again. Israel will not abide by any ceasefire, so Trump can only succeed by ignoring Netanyahu. Which Trump will not do. 

Israel’s nuclear weapons program, estimated at over 90 warheads, was secretly developed with financial and diplomatic support from the West.