WS #7246
No material new developments in the last 30 minutes. The dominant signals from the previous window (Warsh confirmation, Strait of Hormuz crisis, AI bond binge) remain unchanged with no new data points or counter-signals. The situation is stable with no escalation or de-escalation.
Key developments
- Senate confirms Kevin Warsh as Federal Reserve chair, replacing Powell
- Strait of Hormuz closure drives crude oil toward $110; IEA warns of historic supply crisis
- Cisco reports record quarterly revenue, Q3 product orders up 35% YoY; stock jumps 12% after hours
- Blackstone data center REIT prices $1.75B IPO at $20/share
- Ryan Cohen says eBay directors should not dismiss his proposal without engaging