Active Situations
Treasury Yields Escalating
The 10-year topped 5.35% on Wednesday, its highest level since 2002, and the 30-year reached 5.73%. Treasury still sold $61 billion of long paper this week, clearing the 30-year at 5.618%. Japan's 10-year sits at 3.11% and British gilts are at their highest since 2008, so the pressure is global.
Iran & Hormuz Holding
Trump says the US will not strike Iran before the November 3 midterms, and Tehran says it is still reviewing Washington's answer to its seven-day plan to reopen the strait. The shooting has not stopped. The Revolutionary Guard says it hit the LPG carrier NV Sunshine near Hormuz, and Brent is holding above $100.
Houthis vs. Riyadh Escalating
Houthi strikes on Riyadh's airport killed three Saudi nationals, including an airline pilot, and grounded traffic as smoke covered the field. The target was chosen with care. Riyadh hosts a major meeting of global oil chiefs in a matter of days.
The Warsh Fed Holding
The funds rate sits at 3.75% to 4% after September's unanimous hike, the first since 2023. Futures price another 75 basis points of tightening by next summer. September CPI lands Wednesday, two weeks before the October 27–28 meeting.
AI Revenue Gap New
The Financial Times reported that OpenAI's revenue run rate was about $50 billion in September, roughly $20 billion below the number Wall Street had been using. Chip and data center stocks fell Thursday and bounced Friday. The question of who pays for the buildout is now on the table.
Russia–Ukraine Escalating
A Russian bomb attack in eastern Ukraine killed at least 35 people, pushing the two-day toll past 70. Witkoff and Kushner are in Miami pitching a partial ceasefire on energy and grain. Zelenskyy, in the same week, accused Washington of courting Moscow while it mediates.
Ethiopia–Eritrea New
Ethiopia's foreign minister told the UN that an "all-out invasion" by Eritrean forces left his country no choice but to defend itself. It is the first official word from Addis Ababa on the incursions. A second war on the Red Sea's western shore is the last thing shipping needs.

The Pentagon’s Got Their Eye on This Tech

One of the biggest indicators for forward-thinking investors is where the US government puts their money. They move first on the technology they know is going to shape the future.

First, they bet big on jet engines. Then drones. Now? It’s flying cars. This

August, the U.S. Air Force just signed a $142M deal for a flying car company building five-seater fleets. But our nation’s defense can’t stop there. Our nation’s most covert operations need smaller, personal aircrafts. And Doroni, the company positioned to lead the $100B personal eVTOL category, aims to capture this opportunity.

Their flying car, the H1-X, has been preordered by 600+ people. But beyond selling the H1-X to the general public, the company has named law enforcement and military use as future variants it's exploring.

And Doroni’s aircraft can open the skies to all members of the military. Their SOULAI platform is so intuitive, you can pilot their aircraft after 25 hours of training. While it’s capable of reaching speeds of 120 mph and traveling 100 miles on a single 25-minute charge, its patented ducted fan system is designed to be safer than competitors.

This is your chance to get in at the private stage. Become an early-stage Doroni investor today at $3.30/share and get up to 20% bonus shares.

Invest Now

Keep Reading

© 2026 The Recon Report by Let Management LLC. All rights reserved.