
Trade Watcher
Global Rate Cuts Accelerate
Central banks slashed rates 15 times in May — the fastest pace this year and among the largest waves this century.
For context: 50 cuts happened in March 2020, 29 in December 2008.
Europe just made its 8th cut this cycle, while the Fed remains on pause.
Monetary policy is diverging amid growing uncertainty.
Central banks slashed rates 15 times in May — the fastest pace this year and among the largest waves this century.
For context: 50 cuts happened in March 2020, 29 in December 2008.
Europe just made its 8th cut this cycle, while the Fed remains on pause.
Monetary policy is diverging amid growing uncertainty.

Trade Watcher
Trade Watcher
JUST IN: Trump announces new pharma tariffs are imminent. He states he's not inclined to negotiate with Iran and claims the EU hasn't presented a fair deal yet.
EU says trade negotiations with the US are “making progress” as talks intensify.

Trade Watcher
Middle East Tensions Reach a Breaking Point
Trump is now openly considering joining Israel in a war against Iran. That decision would expose U.S. bases across the region to retaliation — and could trigger full-scale military escalation.
Markets are starting to price this in:
• VIX is back above 20
• Traders now need both trade war insurance and hot war insurance
• One strike on a U.S. base could flip this market upside down
You can’t be too bearish right now.
The geopolitical risk premium is back — and it’s not priced in.
Trump is now openly considering joining Israel in a war against Iran. That decision would expose U.S. bases across the region to retaliation — and could trigger full-scale military escalation.
Markets are starting to price this in:
• VIX is back above 20
• Traders now need both trade war insurance and hot war insurance
• One strike on a U.S. base could flip this market upside down
You can’t be too bearish right now.
The geopolitical risk premium is back — and it’s not priced in.