'Big Short' trader Steve Eisman: Iran conflict could potentially be 'extremely positive' for markets
Steve Eisman, 'The Real Eisman Playbook' podcast host and former Neuberger Berman senior portfolio manager, joins 'Squawk Box' to discuss the latest market trends, impact of tariff uncertainty, Iran-Israel conflict and trade war on the markets, dealing with the deficit, and more.
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Yahoo
12 minutes ago
- Yahoo
Institute of Regional Studies: Field Marshal Visits U.S. to Reinforce Role as Regional Stabilizer
Pakistan's top military leader meets U.S. officials amid rising Iran–Israel conflict, reflecting Washington's growing reliance on Islamabad to anchor regional peace and security. ISLAMABAD, June 17, 2025 (GLOBE NEWSWIRE) -- Pakistan's Chief of Army Staff, Field Marshal Syed Asim Munir, commenced a high-level visit to the United States this week, signalling a renewed chapter in military diplomacy amid escalating tensions across the Middle East and South Asia. The Institute of Regional Studies (IRS) in Islamabad held an event on 'What's next for Iran-US Nuclear negotiations' on the 12th of June 2025 where analysts reflected on Pakistan's proactive diplomatic and defence engagement with the United States during a critical time for global and regional security. IRS and participating analysts spoke about Pakistan's foreign policy and regional peace, noting that Pakistan has taken a strategic reset after the altercation with India in May 2025 – choosing to not only rekindle US-Pakistan ties but to take a proactive approach in managing regional peace and security. With conflict intensifying between Iran and Israel, and Afghanistan remaining a fragile state following the U.S. withdrawal, Pakistan's position (geographic, diplomatic and security) makes it a critical player for the US and the world at large. Munir's visit is seen as part of a broader U.S. effort to cultivate reliable partners who can help contain extremist spill over, mediate regional hostilities, and provide strategic balance against escalating tensions and instability in the region. Welcomed by diaspora communities across major American cities, the Field Marshal's presence has been widely perceived as a message of resilience and a signal of Islamabad's intent to re-engage proactively with Washington on defense and security matters. Key Focus Areas of the Visit Counterterrorism Coordination: Strengthening intelligence sharing to track extremist elements across the Afghan-Iranian corridor. Securing Abandoned U.S. Military Assets: Developing joint protocols for tracking and neutralizing equipment left behind post-Afghanistan. Strategic Dialogue: Opening renewed discussions on Kashmir, regional diplomacy, and economic cooperation. Support to the US: in restoring the peace process with Iran-Israel U.S. CENTCOM Chief General Michael Kurilla's recent acknowledgment of Pakistan as a 'phenomenal partner' highlights the importance of this engagement. Analysts view the visit as an inflection point in U.S.–Pakistan relations — moving from transactional ties to a more sustained security alliance. About The Institute of Regional Studies (IRS) is an Islamabad-based think tank that conducts free, focused research on South Asia's foreign and national affairs, including geostrategic, defense, economic, cultural, health, education, environment, science, technology, and social issues. IRS also works on China, West Asia, and the Central Asian Republics. A photo accompanying this announcement is available at CONTACT: Contact Institute of Regional Studies (IRS), Islamabad Phone: +92-51-9203974 Email: Website: in to access your portfolio
Miami Herald
17 minutes ago
- Miami Herald
David Hogg Says Dems Backing Iran War Should Be Primaried
David Hogg has slammed any Democrat who supports deeper U.S. involvement in the conflict between Israel and Iran, saying anyone who does "needs to be primaried." In a post on X, a former vice chair of the Democratic National Committee, pointed to the cost of previous wars in Iraq and Afghanistan. "Our generation grew up going through two multi trillion dollar wars we should have never been involved in," Hogg wrote on Monday. "We are not f****** going back to that. If you think this is a good idea read a history book." Newsweek has contacted Hogg and the Democratic Party for comment via messages and emails sent outside regular business hours. Hogg, a gun control activist, was removed from his role as vice chair of the Democratic National Committee following a clash with leadership over his plan to raise money for progressive candidates challenging Democratic incumbents in safely blue districts. The infighting in the party comes as Democrats are seeking to rebuild ahead of the 2026 midterm elections after losing power to President Donald Trump in November's election. Meanwhile, direct U.S. involvement in the Israel-Iran conflict could also anger Trump supporters who were buoyed by his promise to end the nation's involvement in expensive foreign wars. Hogg said that Democrats must present a united front against Trump, who on Monday warned Tehran's citizens to evacuate as he cut short his trip to Canada for a Group of Seven summit tor return to Washington for talks with his national security team. In another post, Hogg questioned the silence of lawmakers who usually oppose high government spending. "Where are all the 'we can't afford it' politicians now that we're on the brink of what could be another multi trillion-dollar war?" he wrote. Hogg, who rose to national prominence as a gun control advocate after surviving the 2018 shooting at Marjory Stoneman Douglas High School in Parkland, Florida, became a DNC vice chair in a February election. The DNC removed him following a complaint over gender parity, saying the election had not followed the party rules. Hogg said he would not run in redo elections. His removal came after he announced that his political action committee (PAC), Leaders We Deserve, would invest some $20 million to support primary challengers against incumbent Democrats in safely blue districts. On Monday, Democratic Senator Tim Kaine of Virginia, a member of the Senate Armed Services and Foreign Relations Committees, introduced a resolution to require that Trump first seek authorization from Congress before using military force against Iran. The conflict between Israel and Iran entered a fifth day on Tuesday, and Trump has backed Israeli strikes. "Iran should have signed the 'deal' I told them to sign," Trump wrote on Truth Social on Monday night. "IRAN CAN NOT HAVE A NUCLEAR WEAPON," he wrote, adding that "everyone should immediately evacuate Tehran!" The president was expected to arrive at the White House early on Tuesday. He told reporters as he left Canada, and the G7 summit, that he would be monitoring developments in the Middle East from the Situation Room, according to CBS News' Jennifer Jacobs. He later wrote that French President Emmanuel Macron was wrong to say the U.S. was working on a ceasefire, saying his reason for returning to Washington early was "much bigger than that." Defense Secretary Pete Hegseth said on Fox News late on Monday that the movement of U.S. assets in the region were to "ensure that our people are safe" if the conflict further escalates. And a Pentagon spokesman said the U.S. had not joined Israel in attacking Iran on Monday night. "American Forces are maintaining their defensive posture & that has not changed," Sean Parnell wrote in a post on X. "We will protect American troops & our interests." The conflict began with Friday's surprise Israeli attack on Iran's military and nuclear program. Israel said its assault on Iran's top military leaders, uranium enrichment sites and nuclear scientists, is necessary to prevent its longtime foe from getting any closer to building an atomic weapon. Israel's strikes have killed at least 224 people since Friday. Iran has retaliated by launching more than 370 missiles and hundreds of drones at Israel. So far, 24 people in Israel have been killed and more than 500 injured. Iran maintains its nuclear program is peaceful. The U.S. and others had recently assessed that Tehran had not had an organized effort to pursue a nuclear weapon since 2003. The head of the International Atomic Energy Agency has repeatedly warned that the country has enough enriched uranium to make several nuclear bombs should it choose to do so. David Hogg wrote on X: "Democrats must be united against Trump and his war. We can't f*** this up." President Donald Trump told ABC News on Sunday that "it's possible" the U.S. becomes involved in the conflict between Iran and Israel. He said: "We're not involved in it. It's possible we could get involved. But we are not at this moment involved." Senator Tim Kaine said in a statement on Monday: "It is not in our national security interest to get into a war with Iran unless that war is absolutely necessary to defend the United States. I am deeply concerned that the recent escalation of hostilities between Israel and Iran could quickly pull the United States into another endless conflict. "The American people have no interest in sending servicemembers to fight another forever war in the Middle East. This resolution will ensure that if we decide to place our nation's men and women in uniform into harm's way, we will have a debate and vote on it in Congress." Defense Secretary Pete Hegseth told Fox News' Jesse Watters on Monday that "of course" Trump wanted to see a deal made to curb Iran's nuclear program. He said: "His position has not changed. What you're watching in real time is peace through strength and America first. Our job is to be strong. We are postured defensively in the region to be strong in pursuit of a peace deal. And we certainly hope that's what happens here. And America first means we're going to defend American personnel and American interests. So when you see jets and you see air defense assets and counter-UAS assets, that's because my job as the Secretary of Defense is to ensure that our people are safe and that we're strong." The latest talks between the U.S. and Iran were canceled over the weekend. On Sunday, Tehran said that Iran would stop its strikes if Israel does the same. On Monday, Iran's foreign minister, Abbas Araghchi, appeared to make a veiled outreach for the U.S. to step in and negotiate an end to hostilities between Israel and Iran. This article includes reporting from The Associated Press. Related Articles DNC Faces Fresh Blow as 23-Year Veteran Resigns Amid Leadership FalloutDavid Hogg Takes Multiple Swipes at Democrats: 'Asleep at the Wheel'David Hogg Reacts After DNC Vote to Redo Vice Chair ElectionDavid Hogg Says Jasmine Crockett Is Leader Democrats Need 2025 NEWSWEEK DIGITAL LLC.
The Hill
23 minutes ago
- The Hill
Robby's Radar: Tucker Carlson, Steve Bannon SLAM warmongers and ‘propagandists'
When it comes to the conflict between Israel and Iran, the U.S. government and President Donald Trump most of all, needs to listen to America First conservatives who know that the people of the U.S. do not want our country involved in another regime change war. In fact, I can't say it any better than Tucker Carlson, who was on Steve Bannon's podcast yesterday to urge Trump to let cooler heads prevail. Importantly, Tucker emphasized that this not about being anti-Israel. It's not anti-Israel at all to want to engage in diplomacy with Iran rather than warfare. Tucker went on to say that while he loves Trump, he is really worried that if Israel drags the U.S. into its war, Trump's entire agenda could be derailed. 'I actually really love Trump,' says Tucker. 'I think he's a deeply humane, kind person. But I'm really afraid that my country's gonna be further weakened by this. I think we're gonna see the end of the American empire.' Tucker then criticized the neocons and nation builders in the Republican Party who are pushing the U.S. toward war: Mark Levin, Sean Hannity, and others, who do not have the best interests of the MAGA movement and the Trump agenda, let alone the nation, in mind. Meanwhile, Iranian officials are signaling, behind closed doors, that they are open to more dialogue with the U.S. about nuclear proliferation, if the U.S. does not join Israel's war effort. That's according to reporting in The Wall Street Journal and elsewhere. An Arab official told the Journal that 'the Iranians know the U.S. is supporting Israel in its defense, and they are sure the U.S. is supporting Israel logistically. But they want guarantees the U.S. won't join the attacks.' That's all we have to do — stay out of this conflict involving two other foreign nations, and engage in diplomacy. It seems like a no brainer. Yet too many people are succumbing to magical thinking about regime change; they believe that if the U.S. helps Israel launch further attacks on Iran, the regime will crumble. Israeli Prime Minister Benjamin Netanyahu has even suggested that Israel might target the Supreme Leader, Ali Khamenei. Trump has reportedly nixed that idea so far. Thank goodness. Look, how many times must we learn this lesson? Overthrowing and killing the bad guys in the Middle East is easy — replacing them with people who aren't even worse is hard. We learned this in Iraq. We learned it in Libya. Afghanistan was a disaster. Syria is so far so good, although the new leadership was formerly allied with ISIS and has indeed murdered dissidents all over the country. Keep in mind that the U.S. did not get overly involved in the Syrian revolution, except by providing economic pressure in the form of sanctions. If anyone thinks that the U.S. backed assassination of the Iranian Supreme Leader is going to lead to the creation of a pro-Western, secular, liberal democracy — I would ask you to have your head examined. Unfortunately, that ridiculous notion is believed by the bipartisan foreign policy establishment: The so-called experts in both parties. The people who brought you the Iraq Qar disaster. They are putting tremendous pressure on Trump to fall in line and do what they say, even though they've been proven wrong time and time again. We will see if Trump holds the line. Robbie Soave is co-host of The Hill's commentary show 'Rising' and a senior editor for Reason Magazine. This column is an edited transcription of his daily commentary.
