WS #7641
No genuinely new market-moving developments have emerged in the last 30 minutes. The dominant narratives from the previous synthesis remain unchanged: the Fed transition timeline is confirmed, Iran/Hormuz tensions persist without escalation or de-escalation, and the crypto bearish signals (IBIT selling, Bitcoin Depot bankruptcy) are stale. No counter-signals or non-dominant-narrative developments were detected.
Key developments
- Kevin Warsh to be sworn in as Fed chair on Friday, May 22
- Oil tops $106 on Iran impasse; Goldman Sachs estimates 10,000 monthly US payroll hit
- BlackRock IBIT sells 2,221 BTC, breaking six-week buying streak
- Dell adds 1,000 AI server customers in Q1; BofA raises PT to $280
- Viking Global opens new $912M Apple stake; hedge funds rotate back into Big Tech