Wednesday’s Mini-Report, 8.19.26

Today’s edition of quick hits. * In the Middle East: “The United Arab Emirates suspended all trade with Iran on Wednesday after the UAE said it had come under renewed fire from the country — a move that will further isolate the Islamic Republic, which is suffering under U.S. sanctions and a blockade.” * The bond market successfully moved the administration: “After the bond market’s alarm bells rose in volume through the summer, the Trump administration announced on Wednesday a move that could help calm it down. The U.S. Treasury Department said it will more than double the amount of U.S. government bonds that it will buy back, and the move worked in getting longer-term yields lower, for now at least.” * Hopefully, this preliminary agreement won’t collapse: “Canada will temporarily avoid he