Tidbits, Peace Talks & Markets, Consumer Confidence, CPI & PPI 11/26/25
- Wright team
- 26 minutes ago
- 4 min read
Tidbits
Peace Talks: U.S. Army Secretary Dan Driscoll held previously unannounced talks late Monday and all day Tuesday with Russian officials in Abu Dhabi as part of an intense new push by President Trump to end the war in Ukraine.
Initial reports Tuesday morning were things were going just peachy, but when presented to Ukraine’s officials, who arrived in Abu Dhabi late Tuesday, it was immediately rejected.
A group of European countries supporting Ukraine, which is known as “the coalition of the willing” includes 33 countries, including Britain and France, which have pledged strengthened support for Ukraine, held a virtual meeting yesterday. French President Emmanuel Macron told RTL radio regarding the U.S.-proposed plan, "We want peace, but we don't want a peace that would be a capitulation."
Crude oil and soybeans to a lesser extent, have traded like a yo-yo since last Wednesday as the prospects of a peace deal go from good to not so good. We do not expect a successful peace deal any time soon and certainly not in 2025.
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