Trump announces major military investment, 21 new F-15EX fighters for Michigan

President Trump announced a major military investment, including the acquisition of 21 new F-15EX Eagle II fighters for the Selfridge Air National Guard Base in Michigan. This move aligns with broader efforts to modernize the U.S. Air Force and sustain its fighter mission. The announcement was accompanied by a reaffirmation of the U.S. commitment to preventing Iran from developing nuclear weapons, a stance that underscores ongoing tensions between the two nations. Markets appear to interpret this development as consistent with a hardline U.S. position, potentially impacting the likelihood of a final U.S.-Iran nuclear agreement. Key Takeaways President Trump’s announcement of new military investments in Michigan is consistent with efforts to modernize U.S. air power. The U.S. administration’s stance on preventing Iran from obtaining nuclear weapons suggests a firm position against a potential nuclear deal. Market pricing for a final U.S.-Iran nuclear agreement by August 13, 2026, has decreased, reflecting a perceived decrease in the likelihood of a deal. What to Watch Watch for any further statements from U.S. and Iranian officials that could influence the trajectory of nuclear nego...