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Oil Buys Trump’s Calm But Ignores the Storm

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The U.S. commander-in-chief informed the nation on Thursday evening that a meeting he was having with military brass might be "the calm before the storm." President Donald Trump didn't elaborate, brushing off reporters' questions with a more-after-the-break response. It's possible he meant nothing; you may recall he blithely undercut the $3.8 trillion muni-bond market this week with a choice remark about Puerto Rico's debt getting "wiped out." (Yeah? Nah.) Yet there is a storm looming in the shape of a decision about the nuclear deal with Iran. On October 15, the administration must either re-certify that Tehran is complying with its terms and […]
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