With a ceasefire between Israel and Lebanon apparently moving forward, Iran's Foreign Minister Seyed Abbas Aragchi posted the following on X early Friday morning:
"In line with the ceasefire in Lebanon, the passage for all commercial vessels through Strait of Hormuz is declared completely open for the remaining period of ceasefire, on the coordinated route as already announced by Ports and Maritime Organisation of the Islamic Rep. of Iran."
What that means at this early date, especially in relation to the U.S. naval "blockade," remains to be seen, but markets have responded very positively, with stock futures are flying higher Friday morning.
As usual, America's thoughtless Loudmouth-in-Chief started off Friday morning by insulting somebody, responding to a post by picking on poor Tucker Carlson:
It’s easy! Tucker is a Low IQ person - Always easy to beat, and highly overrated!!! So are Megyn Kelly, “Candace”(Really Dumb and mentally ill!), and Bankrupt Alex Jones, who is completely “fried.” There are others, also! Then we have some that are VERY GOOD, true MAGA all the way, and smart. I should do a list of good, bad, and somewhere in the middle. Wouldn’t that be fascinating??? President DJT
What an absolute disgrace Donald Trump has become. Tucker Carlson is by no means "low IQ." And while the president apparently has nothing better to do while sipping his morning coffee, it's noable that he chose to mention Alex Jones, who had threatened the president with extreme pushback, saying in a post a few days back, "one more time..."
Shortly after, Trump had to stroke his ego:
The U.S.A. is the “HOTTEST” Country in the World right now. Just a short time ago, under Sleepy Joe Biden, IT WAS DEAD, LAUGHED AT ALL OVER THE WORLD!!! But not anymore - Nobody’s laughing!!! President DJT
There are more than a few people who despise that inane, "hottest" reference, some of them right here at Money Daily.
While the president's antics have little to do with money, he is at least somewhat low-humor entertaining.
Over the past few days, it's been reported that the Pentagon got together with a number of industrial companies regarding turning their production lines from consumer products to military ones. Specifically, Ford, General Motors, and a few others were briefed. See prototypes at right.
It's sadly amusing that the government would be looking to private manufacturers for help in their global outreach program to destroy other countries and kill people. Aren't Lockheed-Martin, Honeywell, and General Dynamics up to the task of supplying the MIC with enough weapons to blow up half the planet?
The people in charge of operating the U.S. government are just plain stupid. There's no other reasonable explanation. Bringing military production to automakers, as in World War II, isn't going to advance U.S. interests any further. If these companies agree to builing tanks, and missiles instead of SUV and sedans, it's going to take billions of dollars and years of effort to retrofit and get these factories operational.
Understanding that the U.S. is already preparing for the next war, this proposition reeks of bailouts for failing auto companies, again.
Wednesday, after the market had closed, one company of note reported 1st quarter earnings. Netflix (NFLX) announced more price hikes for their streaming service and issued poor guidance. Shares are down 10% in pre-market trading.
The NASDAQ is looking to extend gains for a 13th stright session, which, wit stocks already at record highs, is shaping up for an explosive open and thrilling end to the week.
At the Close, Thursday, April 16, 2026:
Dow: 48,578.72, +115.00 (+0.24%)
NASDAQ: 24,102.70, +86.69 (+0.36%)
S&P 500: 7,041.28, +18.33 (+0.26%)
NYSE Composite: 22,955.59, +0.02 (+0.00%)
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