
Scott Bessent is set to intervene in bonds. Should he?
Steve and Ben discuss Scott Bessent's forthcoming intervention in the bond market, as yields move higher and U.S. national debt ticks above $40 trillion.
تابع أحدث الأخبار المالية والاقتصادية وتحديثات الأسواق والتقارير والتحليلات على PipVero.

Steve and Ben discuss Scott Bessent's forthcoming intervention in the bond market, as yields move higher and U.S. national debt ticks above $40 trillion.

Iran pledges retaliation as U.S. Treasury Secretary Scott Bessent unveils a plan to isolate Tehran's economy, threatening secondary sanctions on its "enablers". CNBC's Dan Murphy reports from Abu Dhabi.

Oil prices extend losses despite supply concerns ahead of Washington's "economic D-Day" plan. Tehran is "fully prepared" to withstand more U.S. sanctions, said Iranian Economy Minister Ali Madanizadeh.

UBS, the Swiss bank, expects the Federal Reserve to leave interest rates unchanged despite competing pressures from a strained housing market and strong artificial intelligence (AI) investment. Federal Reserve Chair Kevin Warsh, who is approaching 100 days in office, faces this dilemma as the annual Economic Policy Symposium in Jackson Hole runs from Thursday to Saturday.

The U.S. manufacturing industry will turn to robots to fill open jobs, according to JPMorgan research.

Ed Morris, Senior Adviser and Commodities Expert, discusses the recent fall in Brent crude oil prices. The decline is attributed to market attention on the potential impact of Iran sanctions, which are influencing supply expectations and investor sentiment in the commodities market.

Beijing threatened to retaliate against the US and signaled it won't back away from its cooperation with Iran after the Trump administration's latest sanctions targeted businesses in China and Hong Kong. Bessent unveiled dozens of new sanctions on entities, individuals and vessels, but the main thrust of a high-profile press conference was threatening so-called secondary sanctions against companies and countries that continue doing business with Iran.

Ukraine's drone campaign is expanding from Russia's Amazon-style retail giant Wildberries to major e-commerce marketplace Ozon. Ozon shares plunged nearly 30% on Monday, highlighting the growing financial impact of Ukraine's strikes on Russia's retail sector.

West Texas Intermediate and Brent crude's contracts for October delivery both declined by about 3%.

Cross-asset implied volatilities rose across the board as Treasury market concerns trickled into equities and the other major asset classes. The VIX Index underperformed skew last week, bouncing off its YTD low and rising 0.9 pts w/w to 15.1 on the -1.4% SPX pullback.

Plus: EV-maker Polestar says Trump administration strung it along before U.S. ban and government proposes new six-figure fee for H1-B visas.

Goldman Sachs, Citigroup, JPMorgan Chase and Bank of America face questions from the SEC, which is looking into how Situational Awareness nearly collapsed, according to multiple reports.

‘The long-term Treasury yield is the only fiscal disciplinarian the U.S. has left,' says billionaire investor Stanley Druckenmiller.

With August drawing to a close, U.S. equities endured a volatile risk-off week led by fixed-income market action. Mounting fiscal deficit concerns and rising oil prices combined to push longer-dated Treasury yields to multi-year highs.

Strive offers daily dividends and a debt-free balance sheet, providing downside protection but limiting upside versus peers like MSTR. ASST's preferred stock, SATA, yields about 13% annually, with an 18-month dividend reserve and mechanisms to maintain its trading range. Recent price surge to 1.69x mNAV likely reflects a short squeeze, making ASST less attractive than MSTR, which trades at 1.00x mNAV.