Highlights
Crude oil prices are down this morning, a boon to financial markets, after a weekend of calm-seeming remarks from President Trump about prospects for reigniting the US-Iran war. Pre-election, Trump sounded a lot more gung-ho about another round of airstrikes. Of course, no way of knowing what the mercurial president will do, and whether newly-emboldened Democrats will follow up on their threat to defund the war.
Meanwhile, the post-blackout period of public comments from Federal Reserve officials continues with a vengeance this week, starting notably with Chicago Fed President Austan Goolsbee at 10 am ET and Richmond Fed President Tom Barkin at noon ET today.
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