But first, Oil and rates are down starting the day.

Kevin Warsh is presiding over his first Fed Meeting as Chair. Here is where he is leaning.

• Leave rates unchanged
• Fed too transparent Ax Dots Plot Chart
• Look at other favorable measures of inflation
• Reduce balance sheet
• Gaining consensus with Powell in the room?

US and Iran are set to sign their peace deal on Friday in Switzerland.

• Strait fully open, without tolls
• End to the war on all fronts
• Iran is agreeing to never build or obtain a nuclear weapon
• Unfreeze Iran’s assets
• $300 billion from US and regional partners for rehabilitation

Turning the corner this week. Let’s get you pre-approved today.

http://www.YourApplicationOnline.com

Interesting graph from Sept 2025. We did hit 5.9% pre-Iran conflict.