Once George HW Bush also joins, this will bring the anti-Iran build-up to 3 supercarriers...

For an institution that prides itself on its confidentiality and insularity, the Court is looking increasingly porous and partisan in these leaks...

US media suggested that VP Vance, Witkoff and Kushner could meet with the Iranian delegation as soon as Tuesday or Wednesday, while Iranian reports indicated no decision has yet been made.

An overview of Macro, Flows, Positioning, Prime Brokerage, Breadth, Earnings, Risk, and much more... 

Kuwait has declared force majeure on shipments of crude oil and refined products after disruptions at the Strait of Hormuz prevented some vessels from entering the Persian Gulf...

Higher prices → more buying → higher prices.

DiGenova's back...

... prices have skyrocketed and farmers all over the planet are facing some incredibly tough choices...

“It has been the greatest privilege of my life to be the CEO of Apple and to have been trusted to lead such an extraordinary company." - Tim "Buyback" Cook

4/20...

Iran is not finished playing stupid games and winning stupid prizes...

The next 24-36 hours matter... as rhetoric hits a few reality snags...

REAR VIEW: Iran re-closes Strait of Hormuz; US/Iran second round talks scheduled for Islamabad, albeit no confirmation of attendance, yet; US reports suggest both sides will be there; Cooler-than-expected Canadian inflation data; ECB President Lagarde said ECB will act as the situation demands

...but each is looking to steer clear of sports offerings...

If you're traveling to Mexico, it's probably smart to get K&R insurance.

Confirming the Schrodinger nature of the notorious waterway, the Strait of Hormuz is now just closed even more than before Iran and the US said the vital oil channel had been reopened.

...trend was broad and consistent enough that one flare-up may not be enough to reverse it... This week’s flow data will show whether traders still want to fade every Hormuz shock or whether that instinct is starting to wear thin. 

...a price of $3 per gallon of gas “could happen later this ​year, [but] that might not happen until next year”