US NEC Director Hassett says energy prices will drop once the Strait of Hormuz is open, remarks via Fox Business; stock market is celebrating because productivity is so high

ENERGY PRICES Consumers should feel falling oil prices "right away"; falling prices will be felt once the Strait of Hormuz reopens. The price of gasoline has to come down. INFLATION"For sure" inflation will come down by year-end.AIThe government is keeping an eye on new AI models.OTHERSSees onshoring from drug firms and electricity infrastructure.