INFO
MARKET MEDIA2026-07-18
OPEN SOURCECHANNELFox Business

Iranian regime is DEAD SET on this, Gen. Keane warns | Recap

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Iranian regime is DEAD SET on this, Gen. Keane warns | Recap
President Trump announced the reinstatement of a blockade on Iran, stating that ships seeking safe passage through the Strait of Hormuz will face a 20% charge.
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00:00–05:00
- President Trump announced the reinstatement of a blockade on Iran, stating that ships seeking safe passage through the Strait of Hormuz will face a 20% charge.
- Centcom is continuing military strikes in the region, targeting Iran's radar sensors, drones, and missile batteries to degrade their ability to attack the global economy.
- The blockade is viewed as an effective strategy to limit Iran's revenue and leverage, although it may negatively impact the U.S. economy in the midterm.
- The Strait of Hormuz is a critical oil choke point, and any closure could significantly impact global oil markets.
- Our interpretation: The reinstatement of the blockade and military actions may lead to increased volatility in oil prices, as market participants reassess geopolitical risks and supply chain stability.
INSTRUMENTS
WTI
The blockade on Iran and military actions are likely to increase volatility in oil prices.
BRENT
Brent crude oil prices are also likely to be affected by the geopolitical tensions in the region.
AUDUSD
The reinstatement of the blockade and military actions against Iran can affect US economic conditions.
EURUSD
The reinstatement of the blockade and military actions against Iran can affect US economic conditions. Also: The geopolitical tensions in the region can influence European economic conditions.
GBPUSD
The reinstatement of the blockade and military actions against Iran can affect US economic conditions.
NZDUSD
The reinstatement of the blockade and military actions against Iran can affect US economic conditions.
USDCAD
The reinstatement of the blockade and military actions against Iran can affect US economic conditions.
USDCHF
The reinstatement of the blockade and military actions against Iran can affect US economic conditions.
USDDKK
The reinstatement of the blockade and military actions against Iran can affect US economic conditions.
USDJPY
The reinstatement of the blockade and military actions against Iran can affect US economic conditions.
USDNOK
The reinstatement of the blockade and military actions against Iran can affect US economic conditions.
USDPLN
The reinstatement of the blockade and military actions against Iran can affect US economic conditions.
FULL
05:00–10:00
- The speaker expresses frustration over the U.S. and Iran both attempting to charge tolls for safe passage through the Strait of Hormuz, highlighting the economic pressure both sides are exerting.
- The U.S. is reportedly reinstating a blockade on Iran, which may effectively limit Iran's revenue and influence in the region.
- Betting markets have shifted their focus to the Bab El Mandeb Strait, reflecting concerns that Iran could leverage proxies to disrupt navigation, indicating heightened geopolitical tensions.
- The likelihood of a Federal Reserve interest rate increase has risen from 50 percent to 70 percent amid escalating conflict, which could lead to higher mortgage rates and inflationary pressures in the U.S.
- Gas prices have increased from $3.79 to $3.87, suggesting a direct impact on consumers as oil prices remain below $75.
- Our interpretation: The combination of rising gas prices and increased Fed rate hike expectations signals potential stress in the U.S. economy, with implications for consumer spending and inflation dynamics.
INSTRUMENTS
USDCHF
The block's discussion on Fed rate hike expectations directly impacts USD.
USDJPY
The block's discussion on Fed rate hike expectations directly impacts USD.
BRENT
The block discusses rising gas prices and geopolitical tensions affecting oil supply.
WTI
The block discusses rising gas prices and geopolitical tensions affecting oil supply.
AUDUSD
The block discusses the likelihood of a Federal Reserve interest rate increase.
EURUSD
The block discusses the likelihood of a Federal Reserve interest rate increase.
GBPUSD
The block discusses the likelihood of a Federal Reserve interest rate increase.
NZDUSD
The block discusses the likelihood of a Federal Reserve interest rate increase.
USDCAD
The block discusses the likelihood of a Federal Reserve interest rate increase.
USDDKK
The block discusses the likelihood of a Federal Reserve interest rate increase.
USDNOK
The block discusses the likelihood of a Federal Reserve interest rate increase.
USDPLN
The block discusses the likelihood of a Federal Reserve interest rate increase.
FULL
10:00–15:00
- The U.S. Strategic Petroleum Reserve (SPR) has experienced a drawdown of three million barrels, reaching a new low of 316.5 million barrels, the lowest level since 1983.
- The U.S. economy is facing challenges due to rising floating-rate debt, which could adversely affect both corporations and consumers.
- The speaker highlights the necessity of constructing additional pipelines to improve energy independence and support liquefied natural gas (LNG) exports to Europe and Asia.
- Long-term strategies aimed at reducing reliance on the Strait of Hormuz are viewed positively, but achieving this goal is expected to take a decade and involves intricate geopolitical considerations.
- The speaker expresses doubts about the trustworthiness of Iran in business negotiations, suggesting that this lack of trust complicates future agreements.
- Our interpretation: The combination of declining SPR levels and rising floating-rate debt indicates potential vulnerabilities in the U.S. economy, which could lead to increased market volatility and affect energy prices.
INSTRUMENTS
WTI
The drawdown in the Strategic Petroleum Reserve and discussions on energy independence directly relate to oil supply.
BRENT
Global oil market dynamics are influenced by U.S. oil supply changes, impacting Brent prices.
AUDUSD
The discussion on rising floating-rate debt and its impact on the economy suggests a monetary policy context.
EURUSD
The discussion on rising floating-rate debt and its impact on the economy suggests a monetary policy context.
GBPUSD
The discussion on rising floating-rate debt and its impact on the economy suggests a monetary policy context.
NZDUSD
The discussion on rising floating-rate debt and its impact on the economy suggests a monetary policy context.
USDCAD
The discussion on rising floating-rate debt and its impact on the economy suggests a monetary policy context.
USDCHF
The discussion on rising floating-rate debt and its impact on the economy suggests a monetary policy context.
USDDKK
The discussion on rising floating-rate debt and its impact on the economy suggests a monetary policy context.
USDJPY
The discussion on rising floating-rate debt and its impact on the economy suggests a monetary policy context.
USDNOK
The discussion on rising floating-rate debt and its impact on the economy suggests a monetary policy context.
USDPLN
The discussion on rising floating-rate debt and its impact on the economy suggests a monetary policy context.
FULL
15:00–20:00
- President Trump asserts a robust military strategy against Iran, emphasizing that the U.S. will not tolerate any disruptions to shipping in the Strait of Hormuz.
- A naval blockade of Iranian ports is being reinstated, imposing a 20 percent fee on ships transiting this critical waterway, specifically targeting Iranian operations.
- General Jack Keane highlights that Iran's ambition to control the Strait of Hormuz is pivotal for their geopolitical influence and oil distribution from the Gulf.
- The operation against Iran aims to achieve two primary objectives: neutralizing Iran's capacity to disrupt shipping and diminishing their ability to retaliate against U.S. forces in the region.
- Our interpretation: The U.S. military actions and renewed blockade could lead to heightened tensions in the oil markets, potentially driving up prices due to perceived risks in the Strait of Hormuz.
INSTRUMENTS
WTI
The geopolitical tensions and military actions directly affect oil supply and prices.
BRENT
Brent crude is also affected by geopolitical tensions in the Middle East, similar to WTI.
AUDUSD
The U.S. military actions and blockade against Iran can influence oil prices, which are typically denominated in USD.
EURUSD
The U.S. military actions and blockade against Iran can influence oil prices, which are typically denominated in USD.
GBPUSD
The U.S. military actions and blockade against Iran can influence oil prices, which are typically denominated in USD.
NZDUSD
The U.S. military actions and blockade against Iran can influence oil prices, which are typically denominated in USD.
USDCAD
The U.S. military actions and blockade against Iran can influence oil prices, which are typically denominated in USD.
USDCHF
The U.S. military actions and blockade against Iran can influence oil prices, which are typically denominated in USD.
USDDKK
The U.S. military actions and blockade against Iran can influence oil prices, which are typically denominated in USD.
USDJPY
The U.S. military actions and blockade against Iran can influence oil prices, which are typically denominated in USD.
USDNOK
The U.S. military actions and blockade against Iran can influence oil prices, which are typically denominated in USD.
USDPLN
The U.S. military actions and blockade against Iran can influence oil prices, which are typically denominated in USD.
FULL
20:00–25:00
- General Jack Keane warns that the Iranian regime is determined to control the Strait of Hormuz, viewing it as essential for their geopolitical influence.
- The U.S. blockade is anticipated to effectively target Iranian shipping, aiming to cut off revenue streams that have reportedly generated around $5 billion since sanctions were lifted.
- Keane asserts that the combination of economic and military pressure from the U.S. will significantly disrupt the Iranian regime's operations and strategic objectives.
- The Iranian regime's disregard for a recently signed memorandum of understanding suggests their long-term strategic goals remain unchanged.
- Keane reflects on the significant contributions of Senator Lindsey Graham to American national security and foreign policy.
- Our interpretation: The renewed U.S. blockade and military actions could heighten tensions in the oil markets, potentially leading to increased prices due to perceived risks in the Strait of Hormuz.
INSTRUMENTS
WTI
The blockade on Iranian shipping is likely to impact oil supply, directly affecting WTI prices.
BRENT
Brent crude prices are also likely to be influenced by geopolitical tensions in the Strait of Hormuz.
AUDUSD
The U.S. blockade and military actions against Iran can influence oil prices, which are typically denominated in USD.
EURUSD
The U.S. blockade and military actions against Iran can influence oil prices, which are typically denominated in USD.
GBPUSD
The U.S. blockade and military actions against Iran can influence oil prices, which are typically denominated in USD.
NZDUSD
The U.S. blockade and military actions against Iran can influence oil prices, which are typically denominated in USD.
USDCAD
The U.S. blockade and military actions against Iran can influence oil prices, which are typically denominated in USD.
USDCHF
The U.S. blockade and military actions against Iran can influence oil prices, which are typically denominated in USD.
USDDKK
The U.S. blockade and military actions against Iran can influence oil prices, which are typically denominated in USD.
USDJPY
The U.S. blockade and military actions against Iran can influence oil prices, which are typically denominated in USD.
USDNOK
The U.S. blockade and military actions against Iran can influence oil prices, which are typically denominated in USD.
USDPLN
The U.S. blockade and military actions against Iran can influence oil prices, which are typically denominated in USD.
FULL
25:00–30:00
- Bank of America reported earnings per share of $1.21, exceeding the expected $1.13.
- The bank's revenue was $31.6 billion, surpassing the anticipated $30.72 billion.
- Net income for Bank of America was $9.1 billion, with investment banking revenue at $2.1 billion and consumer banking revenue at $11.3 billion.
- The commentary from Bank of America indicates that resilient consumers and businesses are increasing their spending, borrowing, and investing.
- Commercial borrowing has picked up for Bank of America, and the near-term pipelines remain strong.
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30:00–35:00
- The United States is actively working to decrease its dependence on China for critical minerals, with the Trump administration prioritizing the expansion of domestic defense equipment production.
- China possesses approximately 44 million metric tons of rare earth reserves, significantly outpacing the United States, which has around 2 million metric tons.
- The processing of rare earths has been identified as a weak link in the supply chain; however, efforts are underway to pilot the separation of these critical minerals at a demonstration facility.
- The company has confirmed access to various critical minerals, including dysprosium, terbium, and gallium, with mining operations already permitted and ready for rapid scaling.
- A manufacturing facility in Provo, Utah, is fully permitted for operations and is set to increase production of downstream separation of critical minerals.
- Our interpretation: The ongoing efforts to secure domestic sources of critical minerals may influence U.S. market dynamics by potentially reducing reliance on foreign supply chains, which could have implications for the USD and broader economic stability.
INSTRUMENTS
AUDUSD
The block discusses U.S. efforts to reduce reliance on foreign critical minerals, impacting economic stability.
EURUSD
The block discusses U.S. efforts to reduce reliance on foreign critical minerals, impacting economic stability.
GBPUSD
The block discusses U.S. efforts to reduce reliance on foreign critical minerals, impacting economic stability.
NZDUSD
The block discusses U.S. efforts to reduce reliance on foreign critical minerals, impacting economic stability.
USDCAD
The block discusses U.S. efforts to reduce reliance on foreign critical minerals, impacting economic stability.
USDCHF
The block discusses U.S. efforts to reduce reliance on foreign critical minerals, impacting economic stability.
USDDKK
The block discusses U.S. efforts to reduce reliance on foreign critical minerals, impacting economic stability.
USDJPY
The block discusses U.S. efforts to reduce reliance on foreign critical minerals, impacting economic stability.
USDNOK
The block discusses U.S. efforts to reduce reliance on foreign critical minerals, impacting economic stability.
USDPLN
The block discusses U.S. efforts to reduce reliance on foreign critical minerals, impacting economic stability.
USDSEK
The block discusses U.S. efforts to reduce reliance on foreign critical minerals, impacting economic stability.
FULL
35:00–40:00
- The Clarity Act is expected to provide Coinbase with the necessary regulatory framework to expand its offerings across a comprehensive range of financial services.
- Had the Clarity Act been enacted last summer, it would have established a regulated market framework addressing concerns related to meme coin issuance and co-investment.
- The guest highlighted that the Clarity Act represents a significant advancement in consumer protection and market integrity, aiming to mitigate risks of market manipulation and front running.
- Current conditions in the crypto market show Bitcoin trading around $65,000, but a notable decline in trading volume raises concerns about the sustainability of growth in the sector.
- The ongoing discussions around the Clarity Act and its ethics provisions may impact the timeline for regulatory clarity in the crypto market, which is crucial for fostering innovation.
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40:00–45:00
- A notable trend is emerging in the financial system, with a significant movement towards on-chain financial assets, indicating a shift towards the tokenization of various asset classes, including stocks and bonds.
- In the past 30 days, stablecoin transaction volumes have surged into the trillions, underscoring the rapid adoption of crypto stablecoins within the financial ecosystem.
- The speaker asserts that despite the volatility in crypto markets influenced by macroeconomic conditions, Coinbase is strategically positioned to navigate these fluctuations and maintain a comprehensive suite of financial services.
- Coinbase has successfully diversified its revenue streams beyond traditional trading, now emphasizing subscription and service offerings, which encompass stablecoin products and custodial services.
- The speaker highlights a transformative shift in how individuals interact with value, facilitated by tokenization, which empowers users to manage and transfer their assets with greater autonomy.
- Regulatory changes are underway, with the expectation that laws will align with evolving market practices, particularly during the current administration, which may provide a more stable framework for the crypto industry.
- Our interpretation: The ongoing transition towards tokenization and the increasing volume of stablecoin transactions may signal a fundamental shift in asset management practices, potentially impacting dollar liquidity and influencing future regulatory frameworks.
INSTRUMENTS
BTCUSD
The block discusses the rapid adoption of crypto stablecoins, indicating a broader crypto market impact.
ETHUSD
The discussion on tokenization and stablecoins suggests a broader impact on major cryptocurrencies.
AUDUSD
The discussion on stablecoin adoption and its implications suggests a connection to USD liquidity.
EURUSD
The discussion on stablecoin adoption and its implications suggests a connection to USD liquidity.
GBPUSD
The discussion on stablecoin adoption and its implications suggests a connection to USD liquidity.
NZDUSD
The discussion on stablecoin adoption and its implications suggests a connection to USD liquidity.
USDCAD
The discussion on stablecoin adoption and its implications suggests a connection to USD liquidity.
USDCHF
The discussion on stablecoin adoption and its implications suggests a connection to USD liquidity.
USDDKK
The discussion on stablecoin adoption and its implications suggests a connection to USD liquidity.
USDJPY
The discussion on stablecoin adoption and its implications suggests a connection to USD liquidity.
USDNOK
The discussion on stablecoin adoption and its implications suggests a connection to USD liquidity.
USDPLN
The discussion on stablecoin adoption and its implications suggests a connection to USD liquidity.
FULL
45:00–50:00
- Core retail sales have increased by 8% at an annual rate over the past three months, with online sales showing notable growth.
- Non-store retailers saw a 1.9% rise in sales in June, following increases of 1.4% in May and 1.5% in April, resulting in a 21% annual growth rate over the last three months.
- Car sales have surged over 20% annually in the second quarter, reflecting strong consumer demand.
- Weekly initial unemployment claims remain at historically low levels, indicating robust hiring and minimal layoffs.
- The speaker presents a revised definition of a Goldilocks economy, characterized by rapid economic growth alongside stable or disinflating prices, challenging traditional economic theories.
- Technological advancements in AI, quantum computing, and advanced manufacturing are enhancing productivity, which is contributing to lower business costs and consumer prices.
- Our interpretation: The combination of strong retail sales and low unemployment suggests a resilient economy, potentially leading to upward pressure on interest rates as the Federal Reserve may respond to sustained growth.
INSTRUMENTS
AUDUSD
The block discusses strong retail sales and low unemployment, indicating robust economic growth.
EURUSD
The economic growth in the US can create relative strength against the Eurozone. Also: The block discusses strong retail sales and low unemployment, indicating robust economic growth.
GBPUSD
The block's discussion of US economic strength can impact GBP through relative growth expectations. Also: The block discusses strong retail sales and low unemployment, indicating robust economic growth.
NZDUSD
The block discusses strong retail sales and low unemployment, indicating robust economic growth.
USDCAD
The block's economic growth discussion can influence commodity prices, impacting CAD. Also: The block discusses strong retail sales and low unemployment, indicating robust economic growth.
USDCHF
The block discusses strong retail sales and low unemployment, indicating robust economic growth.
USDDKK
The block discusses strong retail sales and low unemployment, indicating robust economic growth.
USDJPY
The block discusses strong retail sales and low unemployment, indicating robust economic growth.
USDNOK
The block discusses strong retail sales and low unemployment, indicating robust economic growth.
USDPLN
The block discusses strong retail sales and low unemployment, indicating robust economic growth.
USDSEK
The block discusses strong retail sales and low unemployment, indicating robust economic growth.
FULL
50:00–55:00
- A project named California Forever, intended as a new city and manufacturing hub, was abandoned due to excessive bureaucracy and anti-business regulations in California.
- Concerns are raised regarding the sustainability of successful companies like Apple and Nvidia in California, with questions about the emergence of future successful companies if current policies persist.
- Senator Rand Paul expresses doubt about Anthony Fauci's forthcoming testimony, anticipating that Fauci will evade accountability regarding his involvement in funding gain-of-function research associated with COVID-19.
- Evidence suggests Fauci misled the public about COVID-19's origins, as he reportedly acknowledged privately that the virus did not originate from a wet market while publicly maintaining the opposite stance.
- Fauci's decisions to fund risky research in China are posited to have potentially exacerbated the pandemic, raising the question of whether lives could have been saved had he been transparent about the associated risks.
- Our interpretation: The ongoing scrutiny of Fauci's actions and the regulatory environment in California may influence investor sentiment and corporate strategies, particularly in sectors reliant on innovation and regulatory stability.
INSTRUMENTS
AAPL
Apple is mentioned as a company facing regulatory challenges in California.
NVDA
Nvidia is discussed in the context of California's business environment.
GOLD
The discussion of regulatory and economic challenges may lead to increased safe-haven demand.
FULL
55:00–60:00
- Senator Rand Paul asserts that Anthony Fauci will face felony charges if he lies during his testimony, as he will be under oath, highlighting the legal risks associated with his upcoming appearance.
- The Trump administration's cessation of gain-of-function research is noted, alongside proposed legislation aimed at permanently banning such research and establishing a presidential commission for oversight.
- The introduction of the pieter tear tax in New York is projected to severely impact the ultra-luxury condominium market, as it deters affluent buyers who typically own multiple properties from investing in the region.
- The luxury real estate market in New York is experiencing a slowdown, with reports indicating only one eight-figure home went under contract shortly after the pieter tear tax took effect, suggesting a significant decline in high-end transactions.
- Our interpretation: The combination of increased taxation on luxury properties and regulatory scrutiny on research practices may lead to a reallocation of capital away from New York's real estate market and influence broader market dynamics, particularly in the luxury segment.
INSTRUMENTS
BRENT
The discussion on U.S. strikes against Iran and the geopolitical tensions directly impacts oil supply dynamics.
WTI
The geopolitical situation surrounding Iran affects overall oil market sentiment, including WTI prices.
FULL
60:00–65:00
- New York's share of millionaires decreased from 12.7 percent to 8.7 percent over 12 years, leading to a loss of nearly $11 billion in state tax revenue for the 2022 tax season.
- The pieter tear tax in New York is prompting wealthy individuals and businesses to relocate to states like Florida and Texas, which offer more favorable tax conditions.
- Florida is experiencing growth due to its pro-business environment and welcoming attitude towards wealth and entrepreneurship, contrasting sharply with New York's declining appeal.
- California has seen over 100,000 tax filers leave the state, indicating a significant outflow of residents unless substantial structural changes are made.
- Our interpretation: The migration of high-net-worth individuals and businesses from high-tax states like New York and California to lower-tax states could lead to a reallocation of capital, impacting local economies and real estate markets.
INSTRUMENTS
WTI
The geopolitical tensions and potential disruptions in oil supply directly relate to WTI crude oil prices.
AUDUSD
The discussion on the blockade on Iran and its implications for oil markets suggests a significant impact on USD due to oil price fluctuations.
EURUSD
The discussion on the blockade on Iran and its implications for oil markets suggests a significant impact on USD due to oil price fluctuations.
GBPUSD
The discussion on the blockade on Iran and its implications for oil markets suggests a significant impact on USD due to oil price fluctuations.
NZDUSD
The discussion on the blockade on Iran and its implications for oil markets suggests a significant impact on USD due to oil price fluctuations.
USDCAD
The discussion on the blockade on Iran and its implications for oil markets suggests a significant impact on USD due to oil price fluctuations.
USDCHF
The discussion on the blockade on Iran and its implications for oil markets suggests a significant impact on USD due to oil price fluctuations.
USDDKK
The discussion on the blockade on Iran and its implications for oil markets suggests a significant impact on USD due to oil price fluctuations.
USDJPY
The discussion on the blockade on Iran and its implications for oil markets suggests a significant impact on USD due to oil price fluctuations.
USDNOK
The discussion on the blockade on Iran and its implications for oil markets suggests a significant impact on USD due to oil price fluctuations.
USDPLN
The discussion on the blockade on Iran and its implications for oil markets suggests a significant impact on USD due to oil price fluctuations.
USDSEK
The discussion on the blockade on Iran and its implications for oil markets suggests a significant impact on USD due to oil price fluctuations.
FULL
65:00–70:00
- Public employee pension systems, including New York State Common and CalPERS, allocate less than 1.3 percent of their investments to funds managed by women and people of color.
- The departure of wealthy individuals from New York and California is straining budgets, particularly affecting funding for essential services like garbage collection.
- As tax revenues decline due to the exodus of high earners, New York City faces the necessity of cutting services, which could lead to a lower quality of life for residents.
- Over the past four to five years, 20% of the 45,000 taxpayers who contribute approximately half of New York City's operational costs have left, resulting in a significant budget deficit.
- Our interpretation: The ongoing migration of high-net-worth individuals from high-tax states like New York to lower-tax states may lead to a reallocation of capital, adversely affecting local economies and real estate markets.
INSTRUMENTS
WTI
The geopolitical context and economic shifts discussed may influence oil supply and demand dynamics.
AUDUSD
The discussion on the migration of high earners and its impact on local economies suggests potential inflationary pressures.
EURUSD
The discussion on the migration of high earners and its impact on local economies suggests potential inflationary pressures.
GBPUSD
The discussion on the migration of high earners and its impact on local economies suggests potential inflationary pressures.
NZDUSD
The discussion on the migration of high earners and its impact on local economies suggests potential inflationary pressures.
USDCAD
The discussion on the migration of high earners and its impact on local economies suggests potential inflationary pressures.
USDCHF
The discussion on the migration of high earners and its impact on local economies suggests potential inflationary pressures.
USDDKK
The discussion on the migration of high earners and its impact on local economies suggests potential inflationary pressures.
USDJPY
The discussion on the migration of high earners and its impact on local economies suggests potential inflationary pressures.
USDNOK
The discussion on the migration of high earners and its impact on local economies suggests potential inflationary pressures.
USDPLN
The discussion on the migration of high earners and its impact on local economies suggests potential inflationary pressures.
USDSEK
The discussion on the migration of high earners and its impact on local economies suggests potential inflationary pressures.
INFO
MARKET MEDIA2026-07-18
OPEN SOURCECHANNELFox Business

This is a 'MAJOR' national security concern going forward, says Rep Mike Lawler

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This is a 'MAJOR' national security concern going forward, says Rep Mike Lawler
New York has become the first state to impose a moratorium on new hyperscale AI data centers for up to a year, amid growing political backlash against data centers.
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00:00–05:00
- New York has become the first state to impose a moratorium on new hyperscale AI data centers for up to a year, amid growing political backlash against data centers.
- Rep. Mike Lawler points out that New York's energy policies have resulted in a 58% increase in utility rates over the past six years, adversely affecting the state's business environment.
- Lawler warns that the ban on data centers will have detrimental effects on New York's economy, leading to a decline in tax revenue and investment.
- The competition with China in AI and quantum computing is highlighted as a significant national security concern.
- Lawler suggests that the current regulatory framework may drive investment and jobs to other states or even to China, jeopardizing U.S. technological leadership.
- Our interpretation: The moratorium on data centers could lead to a shift in investment away from New York, impacting local economies and potentially allowing competitors, including China, to gain an advantage in critical technology sectors.
INSTRUMENTS
IBM
IBM is a key player in AI and technology, relevant to the discussion on data centers.
AUDUSD
The discussion on New York's economic policies and their impact on investment suggests a broader macroeconomic context.
EURUSD
The discussion on New York's economic policies and their impact on investment suggests a broader macroeconomic context.
GBPUSD
The discussion on New York's economic policies and their impact on investment suggests a broader macroeconomic context.
NZDUSD
The discussion on New York's economic policies and their impact on investment suggests a broader macroeconomic context.
USDCAD
The discussion on New York's economic policies and their impact on investment suggests a broader macroeconomic context.
USDCHF
The discussion on New York's economic policies and their impact on investment suggests a broader macroeconomic context.
USDDKK
The discussion on New York's economic policies and their impact on investment suggests a broader macroeconomic context.
USDJPY
The discussion on New York's economic policies and their impact on investment suggests a broader macroeconomic context.
USDNOK
The discussion on New York's economic policies and their impact on investment suggests a broader macroeconomic context.
USDPLN
The discussion on New York's economic policies and their impact on investment suggests a broader macroeconomic context.
USDSEK
The discussion on New York's economic policies and their impact on investment suggests a broader macroeconomic context.
FULL
05:00–10:00
- The average home value in Westchester County has surged from $700,000 to $1.1 million over the past four years.
- Utility rates in New York have increased by 58% in the last six years, attributed to the state's energy policies.
- Healthcare premiums are reportedly rising significantly, with states failing to effectively regulate insurance costs.
- Lawler played a key role in passing the largest housing package in over 36 years, which included six of his bills.
- He criticizes the Democrats for imposing higher taxes and regulatory burdens, contributing to multi-billion dollar budget deficits in New York.
- Lawler warns that current policies may drive taxpayers out of New York and California, potentially leading to long-term economic repercussions.
- Our interpretation: The ongoing regulatory environment could deter investment in New York, risking a shift of capital and jobs to other states or countries, which may undermine U.S. competitiveness in technology sectors.
INSTRUMENTS
AUDUSD
The discussion on New York's economic policies and tax burdens suggests potential impacts on capital flows and fiscal health.
EURUSD
The discussion on economic policies in New York may have broader implications for USD's strength against the euro. Also: The discussion on New York's economic policies and tax burdens suggests potential impacts on capital flows and fiscal health.
GBPUSD
The discussion on New York's economic policies and tax burdens suggests potential impacts on capital flows and fiscal health.
NZDUSD
The discussion on New York's economic policies and tax burdens suggests potential impacts on capital flows and fiscal health.
USDCAD
The discussion on New York's economic policies and tax burdens suggests potential impacts on capital flows and fiscal health.
USDCHF
The economic implications discussed could affect USD and its relative strength against other currencies. Also: The discussion on New York's economic policies and tax burdens suggests potential impacts on capital flows and fiscal health.
USDDKK
The discussion on New York's economic policies and tax burdens suggests potential impacts on capital flows and fiscal health.
USDJPY
The economic challenges in New York could influence USD's performance in the FX market. Also: The discussion on New York's economic policies and tax burdens suggests potential impacts on capital flows and fiscal health.
USDNOK
The discussion on New York's economic policies and tax burdens suggests potential impacts on capital flows and fiscal health.
USDPLN
The discussion on New York's economic policies and tax burdens suggests potential impacts on capital flows and fiscal health.
USDSEK
The discussion on New York's economic policies and tax burdens suggests potential impacts on capital flows and fiscal health.
INFO
MARKET MEDIA2026-07-18
OPEN SOURCECHANNELFox Business

Iran tension THREATENS to throw global shipping back into CHAOS

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Iran tension THREATENS to throw global shipping back into CHAOS
Escalating tensions with Iran could disrupt the global supply chain, impacting oil shipments, air cargo, ocean freight, and critical manufacturing parts.
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00:00–05:00
- Escalating tensions with Iran could disrupt the global supply chain, impacting oil shipments, air cargo, ocean freight, and critical manufacturing parts.
- Hendrik Venter, CEO of DHL Supply Chain Global, emphasizes that companies are enhancing resilience by reassessing their sourcing, storage, and distribution strategies to address supply chain vulnerabilities.
- DHL reported that 43% of its new business gains this year resulted from first-time outsourcing, reflecting multinational customers' recognition of the risks associated with in-house operations.
- The logistics sector is currently facing a surcharge-driven environment due to rising costs and flat capacity, with expectations of an extended peak season influenced by inflation and market uncertainties.
- Logistics companies are transparently passing on surcharges to customers, which include fuel inflation, emergency surcharges, and war-related surcharges in the Gulf region.
- Our interpretation: Increased geopolitical tensions, particularly with Iran, pose a significant risk to global shipping and logistics, potentially leading to supply chain disruptions and inflationary pressures that may prompt a reassessment of monetary policy by central banks.
INSTRUMENTS
WTI
The block highlights disruptions to oil shipments due to geopolitical tensions.
BRENT
Brent crude is also affected by global oil supply disruptions.
GOLD
Increased geopolitical tensions often drive demand for safe-haven assets like gold.
AUDUSD
The block discusses inflationary pressures and supply chain disruptions linked to oil shipments.
EURUSD
The block discusses inflationary pressures and supply chain disruptions linked to oil shipments.
GBPUSD
The block discusses inflationary pressures and supply chain disruptions linked to oil shipments.
NZDUSD
The block discusses inflationary pressures and supply chain disruptions linked to oil shipments.
USDCAD
The block discusses inflationary pressures and supply chain disruptions linked to oil shipments.
USDCHF
The block discusses inflationary pressures and supply chain disruptions linked to oil shipments.
USDDKK
The block discusses inflationary pressures and supply chain disruptions linked to oil shipments.
USDJPY
The block discusses inflationary pressures and supply chain disruptions linked to oil shipments.
USDNOK
The block discusses inflationary pressures and supply chain disruptions linked to oil shipments.
FULL
05:00–10:00
- The speaker emphasizes the effectiveness of fuel surcharges in logistics, which allow companies to adjust for fuel price fluctuations over time, mitigating the impact of rising costs.
- The company has integrated AI into its operations for several years, utilizing over 1,000 robots across its warehouses to enhance productivity and operational efficiency.
- The significance of a hybrid workforce, where employees collaborate with robotics and AI, optimizing resource allocation and performance during peak periods.
- The company is actively expanding its operations in the US, constructing new facilities to bolster domestic consumption and support export activities.
- Our interpretation: The integration of AI and robotics in logistics, alongside strategic expansions in the US market, suggests a focus on enhancing operational resilience amid geopolitical tensions, which may influence supply chain dynamics and pricing mechanisms in the broader market.
INSTRUMENTS
BRENT
The block discusses fuel surcharges and logistics, which are directly affected by oil prices.
WTI
The discussion on logistics and fuel surcharges also relates to WTI prices as a key oil benchmark.
AUDUSD
The discussion on logistics and fuel surcharges indicates potential inflationary pressures linked to geopolitical tensions.
EURUSD
The discussion on logistics and fuel surcharges indicates potential inflationary pressures linked to geopolitical tensions.
GBPUSD
The discussion on logistics and fuel surcharges indicates potential inflationary pressures linked to geopolitical tensions.
NZDUSD
The discussion on logistics and fuel surcharges indicates potential inflationary pressures linked to geopolitical tensions.
USDCAD
The discussion on logistics and fuel surcharges indicates potential inflationary pressures linked to geopolitical tensions.
USDCHF
The discussion on logistics and fuel surcharges indicates potential inflationary pressures linked to geopolitical tensions.
USDDKK
The discussion on logistics and fuel surcharges indicates potential inflationary pressures linked to geopolitical tensions.
USDJPY
The discussion on logistics and fuel surcharges indicates potential inflationary pressures linked to geopolitical tensions.
USDNOK
The discussion on logistics and fuel surcharges indicates potential inflationary pressures linked to geopolitical tensions.
USDPLN
The discussion on logistics and fuel surcharges indicates potential inflationary pressures linked to geopolitical tensions.
INFO
MARKET MEDIA2026-07-17
OPEN SOURCECHANNELFox Business

Steve Forbes on California's 'green' port rule: 'UNWORKABLE' and 'COSTLY'

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Steve Forbes on California's 'green' port rule: 'UNWORKABLE' and 'COSTLY'
California's 'green' port rule requires cargo ships to connect to the state's electrical grid, which is expected to increase costs for consumers nationwide.
FULL
00:00–05:00
- California's 'green' port rule requires cargo ships to connect to the state's electrical grid, which is expected to increase costs for consumers nationwide.
- The emissions technology mandated by California's regulations is projected to incur costs of several billion dollars over the next six to seven years.
- Shipping companies will pass on the increased costs from California's regulations to consumers, impacting prices across various sectors.
- California handles 40 percent of the U.S. cargo traffic, highlighting the significant influence of its policies on national supply chains.
- The lack of transparency regarding these cost increases makes it challenging for consumers to understand the reasons behind rising prices, allowing politicians to avoid accountability.
- Our interpretation: The enforcement of California's port regulations is likely to exacerbate inflationary pressures across the U.S. economy by increasing shipping costs, which will be reflected in higher retail prices.
INSTRUMENTS
AUDUSD
The block discusses increased shipping costs affecting consumer prices, indicating inflationary pressures.
EURUSD
The block discusses increased shipping costs affecting consumer prices, indicating inflationary pressures.
GBPUSD
The block discusses increased shipping costs affecting consumer prices, indicating inflationary pressures.
NZDUSD
The block discusses increased shipping costs affecting consumer prices, indicating inflationary pressures.
USDCAD
The block discusses increased shipping costs affecting consumer prices, indicating inflationary pressures.
USDCHF
The block discusses increased shipping costs affecting consumer prices, indicating inflationary pressures.
USDDKK
The block discusses increased shipping costs affecting consumer prices, indicating inflationary pressures.
USDJPY
The block discusses increased shipping costs affecting consumer prices, indicating inflationary pressures.
USDNOK
The block discusses increased shipping costs affecting consumer prices, indicating inflationary pressures.
USDPLN
The block discusses increased shipping costs affecting consumer prices, indicating inflationary pressures.
USDSEK
The block discusses increased shipping costs affecting consumer prices, indicating inflationary pressures.
INFO
MARKET MEDIA2026-07-17
OPEN SOURCECHANNELFox Business

'INSULTING to the working class': Columnist slams Democrats as out of touch

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'INSULTING to the working class': Columnist slams Democrats as out of touch
Abdul El Sayed reported an income of $668,069 in 2025, significantly exceeding Michigan's median household income of $72,875.
FULL
00:00–05:00
- Abdul El Sayed reported an income of $668,069 in 2025, significantly exceeding Michigan's median household income of $72,875.
- El Sayed's wife, Sarah Joukak, does not accept insurance, despite his advocacy for Medicare for all.
- Critics argue that the Democratic party should prioritize the needs of working people over wealthy campaign contributors.
- Haley Stevens, El Sayed's opponent, claims he lacks transparency regarding his wealth, having only released a single financial form.
- Selena Zito observes that Democratic primary voters often prioritize charisma in candidates over pragmatic considerations.
FULL
05:00–10:00
- The Democratic Party's portrayal of working-class representation is often seen as a caricature, exemplified by candidates like Graham Platner.
- Selena Zito points out that support for candidates such as Graham Platner and Katie Porter largely comes from affluent, highly educated voters, not the working class.
- There exists a significant disconnect between the Democratic Party's candidates and the actual needs and identities of working-class voters.
INFO
MARKET MEDIA2026-07-17
OPEN SOURCECHANNELFox Business

‘LIKE A BAD SCI-FI MOVIE': GOP lawmaker drops warning about Democrats

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‘LIKE A BAD SCI-FI MOVIE': GOP lawmaker drops warning about Democrats
Rep. Pat Fallon asserts that ICE is supported by the Republican Party and the American public to enforce immigration laws.
FULL
00:00–05:00
- Rep. Pat Fallon asserts that ICE is supported by the Republican Party and the American public to enforce immigration laws.
- Fallon reports a significant drop in illegal border crossings, from over 200,000 to approximately 5,000 or 6,000 per month under the current administration.
- He expresses concern that a Democratic return to power could result in open borders controlled by drug cartels instead of federal authorities.
- Fallon criticizes more than 100 House Democrats for voting to cut off aid to Israel, suggesting a notable shift in the party's stance on the issue.
- He describes the Democratic Party's current position as a significant abandonment of support for Israel, labeling it a 'dark day for America.'.
- Fallon predicts that the trend of anti-Israel sentiment within the Democratic Party will continue to grow, with future votes increasingly reflecting this shift.
FULL
05:00–10:00
- The speaker emphasizes the importance of articulating a position that prioritizes the best interests of the United States, including the rule of law and individual freedoms.
- The speaker criticizes the Democratic Party for fostering division among people based on race and class, labeling class envy as unacceptable.
- To appeal to moderates, the speaker suggests effectively framing issues and exposing the extremism of the opposing side.
INFO
MARKET MEDIA2026-07-17
OPEN SOURCECHANNELFox Business

Paul Mauro: Far-left violence has been ‘EXCUSED’ by the media

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Paul Mauro: Far-left violence has been ‘EXCUSED’ by the media
The speaker highlights a rise in left-wing terrorist attacks and plots to levels not seen in decades, indicating a significant threat to civilization in the United States.
FULL
00:00–05:00
- The speaker highlights a rise in left-wing terrorist attacks and plots to levels not seen in decades, indicating a significant threat to civilization in the United States.
- Secretary of State Marco Rubio denounces transnational far-left political terrorism, specifically mentioning groups like Antifa and their involvement in terror attacks and assassinations.
- The Treasury Department is initiating a crackdown on foreign left terrorism, targeting non-profit groups and charities that may be financing terrorist activities.
- The speaker warns that the alliance between radical Islamists and far-left progressives, referred to as the 'red-green alliance', is strengthening and poses a growing threat.
- The media has excused far-left violence, framing it as well-intentioned but misguided, which has contributed to the normalization of such actions.
- Our interpretation: The increasing focus on far-left terrorism and the proposed international coalition to combat it may lead to heightened scrutiny of non-profit organizations and charities, potentially impacting their operations and funding channels. This could create a ripple effect in the financial sector, particularly affecting entities involved in charitable financing and raising concerns about regulatory changes that may influence market dynamics.
INSTRUMENTS
AUDUSD
The block discusses the Treasury Department's crackdown on financing terrorism, which can influence regulatory expectations.
EURUSD
The block discusses the Treasury Department's crackdown on financing terrorism, which can influence regulatory expectations.
GBPUSD
The block discusses the Treasury Department's crackdown on financing terrorism, which can influence regulatory expectations.
NZDUSD
The block discusses the Treasury Department's crackdown on financing terrorism, which can influence regulatory expectations.
USDCAD
The block discusses the Treasury Department's crackdown on financing terrorism, which can influence regulatory expectations.
USDCHF
The block discusses the Treasury Department's crackdown on financing terrorism, which can influence regulatory expectations.
USDDKK
The block discusses the Treasury Department's crackdown on financing terrorism, which can influence regulatory expectations.
USDJPY
The block discusses the Treasury Department's crackdown on financing terrorism, which can influence regulatory expectations.
USDNOK
The block discusses the Treasury Department's crackdown on financing terrorism, which can influence regulatory expectations.
USDPLN
The block discusses the Treasury Department's crackdown on financing terrorism, which can influence regulatory expectations.
USDSEK
The block discusses the Treasury Department's crackdown on financing terrorism, which can influence regulatory expectations.
FULL
05:00–10:00
- Concerns are raised about China's alleged funding of initiatives aimed at obstructing data center development in the U.S, potentially jeopardizing the nation's competitive edge in artificial intelligence.
- The guest expresses approval that law enforcement and state department officials are beginning to confront the threats posed by radical groups.
- Our interpretation: The proposed actions against far-left political movements and foreign influence may lead to increased regulatory scrutiny of organizations involved in funding and charitable activities, potentially affecting their operational capabilities and financial stability.
INSTRUMENTS
AUDUSD
The discussion on regulatory scrutiny and foreign influence suggests potential impacts on US economic stability.
EURUSD
The discussion on regulatory scrutiny and foreign influence suggests potential impacts on US economic stability.
GBPUSD
The discussion on regulatory scrutiny and foreign influence suggests potential impacts on US economic stability.
NZDUSD
The discussion on regulatory scrutiny and foreign influence suggests potential impacts on US economic stability.
USDCAD
The discussion on regulatory scrutiny and foreign influence suggests potential impacts on US economic stability.
USDCHF
The discussion on regulatory scrutiny and foreign influence suggests potential impacts on US economic stability.
USDDKK
The discussion on regulatory scrutiny and foreign influence suggests potential impacts on US economic stability.
USDJPY
The discussion on regulatory scrutiny and foreign influence suggests potential impacts on US economic stability.
USDNOK
The discussion on regulatory scrutiny and foreign influence suggests potential impacts on US economic stability.
USDPLN
The discussion on regulatory scrutiny and foreign influence suggests potential impacts on US economic stability.
USDSEK
The discussion on regulatory scrutiny and foreign influence suggests potential impacts on US economic stability.
INFO
MARKET MEDIA2026-07-16
OPEN SOURCECHANNELFox Business

Larry Kudlow: Pessimists, BEWARE — you're about to get WHACKED

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Larry Kudlow: Pessimists, BEWARE — you're about to get WHACKED
Recent inflation data indicates a decline in both consumer and producer prices for June, suggesting a shift in economic conditions.
FULL
00:00–05:00
- Recent inflation data indicates a decline in both consumer and producer prices for June, suggesting a shift in economic conditions.
- Core retail sales have increased by 8% at an annual rate over the past three months, with online sales rising 21% at an annual rate.
- Car sales have surged over 20% annually in the second quarter.
- Weekly initial unemployment claims are at a low, reflecting a strong job market characterized by high hiring rates and minimal layoffs.
- Technological advancements in AI, quantum computing, and advanced manufacturing are driving productivity and helping to keep business costs down.
- Our interpretation: The current economic environment suggests potential for sustained growth without inflationary pressures, which may lead to a favorable monetary policy stance from the Fed, impacting the USD and influencing market expectations around interest rates.
INSTRUMENTS
EURUSD
The block indicates a favorable monetary policy stance from the Fed, which directly impacts USD.
USDCHF
The block indicates a favorable monetary policy stance from the Fed, which directly impacts USD.
USDJPY
The block indicates a favorable monetary policy stance from the Fed, which directly impacts USD.
AUDUSD
The block discusses the Fed's potential favorable monetary policy stance due to economic growth and falling prices.
GBPUSD
The block discusses the Fed's potential favorable monetary policy stance due to economic growth and falling prices.
NZDUSD
The block discusses the Fed's potential favorable monetary policy stance due to economic growth and falling prices.
USDCAD
The block discusses the Fed's potential favorable monetary policy stance due to economic growth and falling prices.
USDDKK
The block discusses the Fed's potential favorable monetary policy stance due to economic growth and falling prices.
USDNOK
The block discusses the Fed's potential favorable monetary policy stance due to economic growth and falling prices.
USDPLN
The block discusses the Fed's potential favorable monetary policy stance due to economic growth and falling prices.
USDSEK
The block discusses the Fed's potential favorable monetary policy stance due to economic growth and falling prices.
INFO
MARKET MEDIA2026-07-16
OPEN SOURCECHANNELFox Business

US is conducting 'SUSTAINED, METHODICAL STRIKES' against Iran: Navy SEAL veteran

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US is conducting 'SUSTAINED, METHODICAL STRIKES' against Iran: Navy SEAL veteran
President Trump has a range of options against Iran, including economic suffocation and military strikes, emphasizing a strategy of sustained methodical strikes.
FULL
00:00–05:00
- President Trump has a range of options against Iran, including economic suffocation and military strikes, emphasizing a strategy of sustained methodical strikes.
- Over 300 targets have been struck in Iran, indicating a significant escalation in military operations.
- The U.S. is now hitting Iranian targets during the daytime, utilizing advanced capabilities like water drones, suggesting an increase in operational intensity.
- Iran's military options are diminishing, as evidenced by their reduced missile attacks on Israel compared to earlier in the conflict.
- Iran's ability to negotiate is compromised as they face increasing military pressure, suggesting they may only seek negotiations to halt the bombing.
- Our interpretation: The ongoing military strikes against Iran are likely to escalate tensions in the region, which could lead to increased oil supply risks and inflationary pressures, impacting energy commodities and potentially influencing U.S. dollar liquidity as geopolitical risks rise.
INSTRUMENTS
WTI
The military strikes against Iran are likely to impact oil supply and prices.
AUDUSD
The ongoing military strikes against Iran can escalate geopolitical tensions, affecting US dollar liquidity.
EURUSD
The ongoing military strikes against Iran can escalate geopolitical tensions, affecting US dollar liquidity.
GBPUSD
The ongoing military strikes against Iran can escalate geopolitical tensions, affecting US dollar liquidity.
NZDUSD
The ongoing military strikes against Iran can escalate geopolitical tensions, affecting US dollar liquidity.
USDCAD
The ongoing military strikes against Iran can escalate geopolitical tensions, affecting US dollar liquidity.
USDCHF
The ongoing military strikes against Iran can escalate geopolitical tensions, affecting US dollar liquidity.
USDDKK
The ongoing military strikes against Iran can escalate geopolitical tensions, affecting US dollar liquidity.
USDJPY
The ongoing military strikes against Iran can escalate geopolitical tensions, affecting US dollar liquidity.
USDNOK
The ongoing military strikes against Iran can escalate geopolitical tensions, affecting US dollar liquidity.
USDPLN
The ongoing military strikes against Iran can escalate geopolitical tensions, affecting US dollar liquidity.
USDSEK
The ongoing military strikes against Iran can escalate geopolitical tensions, affecting US dollar liquidity.
FULL
05:00–10:00
- The U.S. military is capable of taking control of Carg Island while maintaining its infrastructure, indicating a strategic offensive capability.
- Enhancing air defense for operations in the Gulf would involve repositioning ships, which is feasible within military capabilities.
- President Trump is reportedly losing patience with Iran due to multiple perceived betrayals, potentially leading to more aggressive military actions.
- Economic sanctions are being reinstated to further isolate Iran from the international financial network, contributing to its economic strangulation.
- The economic outlook for Iran over the next year may resemble the decline experienced at the end of the Soviet Union, indicating a significant downturn in stability.
- Our interpretation: The combination of military actions and renewed economic sanctions against Iran is likely to exert substantial pressure on its economy, which could lead to increased volatility in energy markets and inflationary pressures, particularly affecting oil prices.
INSTRUMENTS
WTI
The discussion on military actions and sanctions against Iran directly impacts oil supply and prices.
BRENT
Brent crude oil prices are also likely to be affected by the geopolitical tensions discussed.
AUDUSD
The block discusses economic sanctions and military actions that can affect the US dollar's strength.
EURUSD
The block discusses economic sanctions and military actions that can affect the US dollar's strength.
GBPUSD
The block discusses economic sanctions and military actions that can affect the US dollar's strength.
NZDUSD
The block discusses economic sanctions and military actions that can affect the US dollar's strength.
USDCAD
The block discusses economic sanctions and military actions that can affect the US dollar's strength.
USDCHF
The block discusses economic sanctions and military actions that can affect the US dollar's strength.
USDDKK
The block discusses economic sanctions and military actions that can affect the US dollar's strength.
USDJPY
The block discusses economic sanctions and military actions that can affect the US dollar's strength.
USDNOK
The block discusses economic sanctions and military actions that can affect the US dollar's strength.
USDPLN
The block discusses economic sanctions and military actions that can affect the US dollar's strength.
INFO
MARKET MEDIA2026-07-16
OPEN SOURCECHANNELFox Business

'OIL WILL 'DROP LIKE A ROCK': Trump's BOLD prediction turns heads

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'OIL WILL 'DROP LIKE A ROCK': Trump's BOLD prediction turns heads
Oil prices remain below $80 a barrel as U.S.-Iran trade tensions persist, with President Trump forecasting a substantial decline in oil prices once the situation stabilizes.
FULL
00:00–05:00
- Oil prices remain below $80 a barrel as U.S.-Iran trade tensions persist, with President Trump forecasting a substantial decline in oil prices once the situation stabilizes.
- Inflation is anticipated to improve, with expectations for lower inflation figures by year-end, contingent on ongoing economic conditions.
- The discussion includes the Federal Reserve's potential pause on interest rate hikes, with a preference for maintaining current rates rather than increasing them.
- Acknowledgment of volatility in the oil market suggests that prices will experience fluctuations before ultimately trending downward.
- The President's confidence in Kevin Warsh indicates a strategic focus on effectively addressing inflation, reflecting a commitment to sound economic management.
- The ongoing conflict in Iran is likely to cause continued fluctuations in oil prices, which may influence inflation expectations and Federal Reserve policy decisions.
- Our interpretation: The interplay between oil price volatility and inflation dynamics could lead to a reassessment of Federal Reserve rate policies, particularly if oil prices stabilize and inflation trends downward, impacting the USD liquidity and rate differential channels.
INSTRUMENTS
WTI
The block discusses oil price volatility and President Trump's prediction of a significant drop in oil prices.
AUDUSD
The block discusses the Federal Reserve's potential pause on interest rate hikes, which directly relates to USD.
EURUSD
The block discusses the Federal Reserve's potential pause on interest rate hikes, which directly relates to USD.
GBPUSD
The block discusses the Federal Reserve's potential pause on interest rate hikes, which directly relates to USD.
NZDUSD
The block discusses the Federal Reserve's potential pause on interest rate hikes, which directly relates to USD.
USDCAD
The block discusses the Federal Reserve's potential pause on interest rate hikes, which directly relates to USD.
USDCHF
The block discusses the Federal Reserve's potential pause on interest rate hikes, which directly relates to USD.
USDDKK
The block discusses the Federal Reserve's potential pause on interest rate hikes, which directly relates to USD.
USDJPY
The block discusses the Federal Reserve's potential pause on interest rate hikes, which directly relates to USD.
USDNOK
The block discusses the Federal Reserve's potential pause on interest rate hikes, which directly relates to USD.
USDPLN
The block discusses the Federal Reserve's potential pause on interest rate hikes, which directly relates to USD.
USDSEK
The block discusses the Federal Reserve's potential pause on interest rate hikes, which directly relates to USD.
FULL
05:00–10:00
- An increase in interest rates could result in the national debt exceeding social security benefits, which face automatic cuts in six years if Congress does not intervene.
- Nearly half of personal income tax collections are used to pay interest on the national debt, highlighting the significant burden of debt servicing on taxpayers.
- The 30-year mortgage rate recently rose to 6.55%, an improvement from 6.75% a year ago.
- Retail sales data indicates strong performance across 13 categories, with gas station receipts declining by 5% due to a 50-cent drop in average national gas prices.
- The control group for GDP calculations increased by 9.2%, reflecting robust consumer spending, while real retail sales gained 1.1%.
- Small business profitability growth turned positive in June for the first time this year, with lower-income households experiencing the fastest after-tax wage growth compared to pre-pandemic levels.
- Our interpretation: Rising interest rates could exacerbate the national debt crisis, impacting social security and Medicare funding, which may lead to increased inflationary pressures and prompt a reassessment of Federal Reserve monetary policy.
INSTRUMENTS
JPM
JPMorgan is mentioned as part of the broader discussion on bank earnings and market rotation.
AUDUSD
The block discusses rising interest rates and their impact on national debt, which directly relates to USD.
EURUSD
The block discusses rising interest rates and their impact on national debt, which directly relates to USD.
GBPUSD
The block discusses rising interest rates and their impact on national debt, which directly relates to USD.
NZDUSD
The block discusses rising interest rates and their impact on national debt, which directly relates to USD.
USDCAD
The block discusses rising interest rates and their impact on national debt, which directly relates to USD.
USDCHF
The block discusses rising interest rates and their impact on national debt, which directly relates to USD.
USDDKK
The block discusses rising interest rates and their impact on national debt, which directly relates to USD.
USDJPY
The block discusses rising interest rates and their impact on national debt, which directly relates to USD.
USDNOK
The block discusses rising interest rates and their impact on national debt, which directly relates to USD.
USDPLN
The block discusses rising interest rates and their impact on national debt, which directly relates to USD.
USDSEK
The block discusses rising interest rates and their impact on national debt, which directly relates to USD.
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