1 hour ago · Politics · hide · 0 comments

Item #1: Trump weighs Iran war expansion as fresh US strikes target Hormuz shipping threats. The Iran war is fully “on,” just as I predicted all along since March. Trump is not even pretending there is going to be yet another “deal” or “ceasefire”. Such hopes evaporated 2 weeks ago. If you were on Twitter a month ago saying that the US had “won,” just take the “L”…you were wrong. Meanwhile, I continue to profit by betting “no” on the strait traffic returning to normal: I bought “no” contracts for 18 cents months ago, and the price has almost tripled. Conversely, the value of the “yes” contract has fallen from 82 cents to 55 cents. I also bought “no” contracts on some of the earlier dates. So, this has gone really well. I am still sticking to my original prediction of the strait being impeded until after the 2028 election. Item #2: Trump Imposes 50% Tariff Hike on Canadian Goods. Here we go again with more tariffs. It’s hard to find any enthusiasm for the tariffs, even among the…

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