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Hedge funds suffer worst drawdown since 2022 as volatility hits markets
Hedge funds hit by worst drawdown in years as volatility forces de-risking. Summary: Hedge funds suffer worst monthl…
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Stolen from Iran, mass-produced — US unleashes ‘Corolla drone’ on Tehran
US deploys low-cost ‘Lucas’ drone inspired by Iranian design in war. Wall Street Journal report ( gated ) Summary: U…
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US uses Pakistan channel to reach Iran as ceasefire prospects remain uncertain
US-Iran backchannel diplomacy intensifies, but prospects for a deal remain limited. Summary: US engaging Iran via in…
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US deploys third aircraft carrier to Middle East as Iran tensions persist
I noted a surge in de-escalation hopes despite reading this. Summary: A third US aircraft carrier, the USS George H.…
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Fed’s Williams says energy outlook tied to markets, core inflation contained
Fed’s Williams says energy price outlook is driven by market pricing, expecting impact on headline not core inflation. …
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HSBC says gold behaving like risk asset despite geopolitical tensions, but still supported
This reframes gold as less reliable in acute risk-off events, particularly where USD strength dominates. Near term, gol…
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Where the warmakers are at: US-Iran talks uncertain, military buildup and mistrust deepen
Diplomatic efforts to end the Iran war are underway but remain fragmented and uncertain, with the U.S. pursuing a dual-…
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