GLOBAL MACRO INSIGHTS

The Art of Surrender: How Trump Turned Victory into Tehran’s Greatest Strategic Gift

Wars are normally judged by the territory conquered, the armies destroyed, or the regimes overthrown. Far less frequently are they judged by what ultimately emerges...

Peace or Pause? The Hormuz Agreement Changes Everything, And Nothing

Financial markets reacted exactly as expected. Oil fell. Equities rallied. Bond yields eased. Investors celebrated what appeared to be the end of the most dangerous...

America’s Iran War Is Becoming Trump’s Political Trap

For months, Donald Trump attempted to project absolute confidence over the Iran conflict. The war would be short. Iran would bend under pressure. Oil markets...

Ceasefire on Borrowed Time

The war has not ended. It has merely paused, briefly, uneasily, under the sort of arrangement that looks like diplomacy from a distance and like...

GLOBAL MACRO INSIGHTS

Tag: Liban

The Art of Surrender: How Trump Turned Victory into Tehran’s Greatest Strategic Gift

Peace or Pause? The Hormuz Agreement Changes Everything, And Nothing

America’s Iran War Is Becoming Trump’s Political Trap

Ceasefire on Borrowed Time

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