Markets Surge on Iran Pause — But Will the Ships Move?

Markets rallied sharply after President Trump announced a five-day pause on planned U.S. strikes against Iranian energy infrastructure. But as conflicting messages emerge from Tehran, Chuck Zodda and Mike Armstrong ask the only question that really matters for the global economy: when will ships resume normal traffic through the Strait of Hormuz?They break down the market reaction, why oil and diesel prices remain a key risk, and how rising transportation costs could filter into inflation in the months ahead.Plus:• Why $5 diesel may not be “crushing” truckers the way headlines suggest• The latest concerns around private credit and where real risks may lie• Why healthcare continues to drive job growth• The dangers of young investors taking on speculative risk• Seven ways to think about retiring into a volatile market