Latest / MPC Markets Morning Call
Week Ends on a Cautious Note
US cash markets were closed Friday for Juneteenth, but global stocks stalled heading into the weekend as US-Iran peace talks opened at Bürgenstock, Switzerland. Mark Gardner breaks down the 14-point memorandum of understanding, what's likely to pass and what isn't, and why crude oil may be the standout risk-reward trade right now — with downside of 5–10% versus upside of 10–25% if negotiations collapse.
This episode covers:
— US-Iran talks at Bürgenstock: Vance, Araghchi, and the 60-day negotiating window
— Why Israel and Lebanon remain the wild card for any lasting deal
— S&P 500 futures…
The skinny
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