No Takers, Nor Tankers
By Molly Schwartz, cross-asset macro strategist at Rabobank
Daily crossings through the Strait of Hormuz increased substantially after the US and Iran announced a “peace” agreement in mid-June. However, those numbers have started to dwindle as the ceasefire—peacefire, shmeasefire—appears increasingly shaky. According to
Iranshahr airbase, and Iran responding by attacking its neighbors in Kuwait and Jordan. Yesterday afternoon, explosions were heard in Anthropic has tapped former Federal Reserve Chair Ben Bernanke to join its Oversight Trust, which seeks to “keep the artificial intelligence company accountable to its public mission.” The importance of the Oversight Trust has only intensified following earlier events this year, when Anthropic delayed the release of its Mythos model and triggered an emergency meeting among global leaders to address concerns about its potentially dangerous capabilities.
New York Fed President, The Federal Reserve’s Broken Leadership,” where Warsh calls attention to the disinflationary effects of AI, saying that “AI will be a significant disinflationary force, increasing productivity and bolstering American competitiveness.” While Williams also notes the potential for AI to “play out in a more benign way,” his aforementioned base case shines a light into the varying schools of thought and the potential for “good family fights” when the Fed next convenes.
Task Force Warsh also signing of several MOUs, including one to “strengthen cooperation across key defense, economic, trade and investment, cultural, educational, scientific, and consular priorities. Saudi Arabia’s Public Investment Fund (PIF) is now also scheduled to attend the Canada Investment Forum in September.
Tyler Durden Fri, 07/10/2026 – 10:45
Source: https://freedombunker.com/2026/07/10/no-takers-nor-tankers/
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