Geopolitics & International Affairs

• Strait of Hormuz Security & Trade: Security Chief Rezaei announced that Tehran is compiling a list of conditions requested by international mediators to re-open the Strait of Hormuz. Conditions include an immediate end to regional conflict, though Iran confirmed designated transit corridors through Omani and Iranian waters remain open to commercial ships if terms are met.
• Lebanon Red Lines: Iranian officials declared the Dahieh district and Beirut as strict red lines against military operations, emphasizing that no forces are permitted to move toward the area.

U.S. Economy & Corporate Finance

• Federal Reserve Monetary Policy: Boston Fed President Susan Collins stated that current interest rates (~3.6%) remain mildly restrictive and are guiding inflation lower. However, she noted that the Fed remains open to a rate hike in upcoming meetings if future inflation data fails to show sustained progress.
• Anthropic IPO Timeline: Anthropic is preparing to release its public prospectus after Labor Day, aiming for an initial public offering (IPO) between late September and early October. The company is hosting an investor day in mid-September.
• Micron U.S. Expansion: President Trump highlighted Micron’s newly announced $10 billion investment to construct research and development facilities within the United States.
• Elon Musk SpaceX Outlook: Elon Musk stated he projects SpaceX revenue to reach approximately $3.5 trillion by around 2033 ($SPCX).
• Market Imbalances & Liquidity: Money-market fund assets held at the ICI reached $7.93 trillion. Closing MOC (Market On Close) imbalances showed net selling pressure in S&P 500 (-$557M) and Nasdaq 100 (-$743M), with modest buying in Dow 30 (+$118M).