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Iran, China trade and Fed watch: 'Will they or won't they' cut?

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Hostage to a news cycle that never ends, investors are forced to digest an endless wave of geo-political events unfolding on nearly every corner of the planet. From an attack in the Gulf of Oman to the riots in Hong Kong, every story seems to add another brick to the wall of worry.

The United States has placed blame for two tanker attacks squarely on Iran. Even Rep. Adam Schiff, certainly no friend of the president and often a harsh critic agrees.

On the heels of massive demonstrations in the streets of Hong Kong, it looks like Beijing caved as Hong Kong's chief executive apologizes for her handling of a China extradition bill. Despite an apology, thousands turned out into the streets Sunday with many demanding Mrs. Lam's resignation. The size of the crowd is in dispute with organizers estimating 2 million and police pegging the number at just 338,000.

Whatever the number, the unrest seems unlikely........

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