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May 16

Stocks fell sharply on Friday as investors grew increasingly concerned about the impact of the prolonged conflict with Iran, particularly the risk that higher energy prices could further fuel inflation and keep interest rates elevated. The S&P 500 lost 1.2%, the Nasdaq Composite dropped 1.5% and the Dow Jones fell 1.1%

S&P   Oil   FX   Gold  10Y

For China the Strait is open. | Moon
Iran Says It Has "No Trust" In US, Insists There Is "No Military Solution" | Zero

Wages are now rising aggressively across the skilled trades | Arm
This is where the mainstream economic narrative completely failed. Governments assumed everything would become a digital service economy where everyone sat behind screens while production moved overseas.

Debt Rattle



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