On MS NOW’s Morning Joe today, Steve Rattner explains the data behind the ongoing post-ceasefire stock market rally while pointing out weak points in the Trump economy. The war against Iran remains unresolved, with the Strait of Hormuz still closed. Inflation is on the rise. The job market is soft. And yet the stock market […]

On MS NOW’s Morning Joe, Steve Rattner unpacks Trump’s deep cuts to domestic programs and his historically large war budget. As if President Trump doesn’t have enough political problems as evidenced by his terrible polling results, the White House recently handed Democrats yet another issue to use in the approaching mid-term elections: the federal budget. […]

On MS NOW’s Morning Joe, Steve Rattner breaks down how Trump’s failure to end the War and reopen the Strait of Hormuz is behind skyrocketing prices at the pump.  President Donald Trump can continue vacillating to his heart’s content about the conditions under which he is prepared to end the war against Iran, but […]

On MS NOW’s Morning Joe today, Steven Rattner details how deteriorating markets, oil prices, inflation, and a worsening Fed outlook may be forcing Trump to deescalate in the Middle East. On Saturday night, President Donald Trump threatened to intensify his bombing of Iran. Early Monday morning, he reversed course and announced that he was having […]

While the risks from President Donald Trump’s decision to attack Iran have rightly focused on the strategic and human risks, another important concern is the potential impact of the war on the world’s energy supplies, principally petroleum. We’ve known for decades that a war involving Iran could result in the closure of the Strait of […]