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Gulf Of Oman, United States, Iran discussed on Houston's Morning News

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The Gulf of Oman. Now the US navy's Fifth Fleet responded to a pair of distress calls a not casting any blame yet at anyone. No one's claiming response. Ability, British naval officials had earlier posted an alert urging extreme caution in the region amid tensions between the US and Iran. Now the Gulf of Oman is just south of the strait of her moves. And that is a route through which twenty percent of the world's oil. Now passes cargoes were reportedly destined for Asian ports. And this is just as Japan's Prime Minister is holding a high level diplomatic talks with Iran late word coming in that it might have been a torpedo or it might have been a magnetic mine. No one's quite sure, exactly of all the details, yet that will be unfolding as the day transpires. Again, markets are reacting to it. However, and that is what we were leading with at this moment of the mainstream media. They say stocks are humming along just like the economy is they're not saying that, but that's what's happening. KTAR saunders. Live with what could get the market moving even high. We're talking record territory for the down the S and P five hundred and private wealth adviser. Derek, Kennedy says. Those records could be broken if a trade deal with China gets done. Renewed confidence that feel went China will have a positive impact on the market and it comes right after that downturn. We saw just a couple of months ago. So what got the market moving again. The Trump economy, of course, the economy is still humming along quite nicely. Some of the key numbers that many people look at our job, look, very, very good housing, still quite strong. Consumer confidence is up to Kennedy says as long as that's the case. The market will happy, the economy will be just fine. Okay. Thank you very much. I'll here's a case in point. Another important. Economic indicator, trending up the small business optimism, index reached a seven month high in may business broker Mel listen credits federal policy, including the small business administration. Loosened requirements. The economy has them with reduction of income taxes, businesses better overall, and he also sees a strong market for the sale of small businesses..

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