Are We Safer than We Were 6 Months Ago?
The Strait of Hormuz remains closed, no deal apparent, and we are moving the George Washington CSG away from the Pacific. Source: USNI, accessed 8/17/2026. So much for the pivot to the Pacific. The betting odds for reopening the Strait of Hormuz by year’s end is only 33%; it’s 8% for October’s beginning. Source: Kalshi, […]
We haven't written up this one. Econbrowser has the full story — the link below goes straight to it.