‘As long as the Strait of Hormuz stays closed, markets remain on a knife-edge,’ Deutsche Bank warns

Good morning. On Fortune’s radar today: The “six-week” war enters week 11. Markets: Record highs on “a knife-edge.” Wall Street admits it was wrong about the U.S. economy. Trump’s dismal poll ratings. How big is the backlog in the Strait of Hormuz? When men use AI it’s good, but when women use it, it’s bad, a depressing survey shows. Quick note: Subscribe to the forthcoming Fortune Gulf Brief. Every Tuesday, this new newsletter will deliver clear-eyed, authoritative intelligence on the deals, decisions, policies, and power shifts shaping one of the world’s most consequential regions, written for the people who need to act on it. Sign up here. This story was originally featured on Fortune.com