Markets cheered tentative US-China progress as Trump rolled back some tariffs.  
Deal finalization awaits, but optimism is muted due to US tech export restrictions.  
Geopolitical tensions flared with US pulling diplomats from the Middle East.  
Oil surged 7%-9% on Israel-Iran strike fears, sparking risk-off moves.  
Beshear’s Fed chair rumors faded as he pledged to stay at Treasury.  
Trump pushed for steep rate cuts after soft CPI, citing debt concerns.  
QCP sees macro conditions still favori