Credit Bubble Bulletin

- Chronicling History's Greatest Financial Bubble

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Wednesday, May 6, 2026

Wednesday Afternoon Links

[CNBC] Dow surges 600 points, S&P 500 posts first close above 7,300 as traders hope for Iran deal: Live updates

[AP] Oil prices sink and stocks leap worldwide on hopes for a reopening of the Strait of Hormuz

[AP] US fires on Iranian oil tanker as Trump pressures Tehran for deal to end war

[AP] Trump administration sows confusion as it tries to reopen Strait of Hormuz

[CNBC] Iran war threatens jet fuel shortage that could disrupt summer travel in Asia and Europe

[CNBC] Apollo CEO Rowan warns of market correction, slams ‘egregious’ practices at rival insurers

[Bloomberg] Fed’s Goolsbee Sounds Warning on Inflation, Consumer Behavior

[Bloomberg] Gundlach Warns Investors Will Lose Money on Private Credit

[Bloomberg] Foreign Demand for Treasury Debt Is Stalling, Trade Group Says

[Bloomberg] Tariff Refunds Have Started Being Paid by Trump Administration

[Bloomberg] Biggest US Grid Needs Redesign to Cope With AI Boom, CEO Says

[NYT] Higher Gas Prices Are Hitting Lower-Income Americans the Hardest

[WSJ] Blinder: A Tricky Handoff at the Federal Reserve

at 5/06/2026 01:26:00 PM
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