A week ago the market had the Iranian blockade ending in August. It does not anymore. Ends by Aug 31 64.5% a week ago, 36.5% now Ends by Sep 30 84.0% a week ago, 59.5% now Ends by Oct 31 88.0% a week ago, 70.0% now Every date on the curve moved down. $11.7M is sitting on this one question. Oil is pricing the same thing. WTI touching $90 in August is up to 40%, and the Strait of Hormuz returning to normal by month end is down to 4.3%.

Everyday consumers are feeling the pinch, and the latest Michigan data is brutal: • Consumer sentiment: 46.3 (missed the 47.8 forecast), marking the 3rd straight monthly drop and sitting just 1.5 pts above May’s record low of 44.8. • Current conditions: 44.7, an all-time low, down from 50.9. • Durables: Buying conditions cratered amid high borrowing costs and price tags. Expectations ticked up slightly (47.3 from 46.3), but the day-to-day squeeze is what’s hitting home.

Everyday Ohioans are starting to ask a fair question about Amy Acton: what does she have to hide? She should show up & debate instead of disrespecting the voters of this state.

everyday i learn a new dress code exists: - business (let's be serious!!) - business chic (previous was not chic) - casual (less serious) - smart casual (ok previous was not smart) - business casual (serious but not too serious either? not smart tho) - flex on us (what??) - california business casual (patagonia jacket here we go?)