Pity Party.
The US and Israel teamed up to launch a large scale attack on Iran over the weekend killing many hundreds including the country’s Supreme Leader Ali Khamenei. The entire Middle East moved onto a war footing as the Iranians retaliated by firing missiles across the region.
Energy prices naturally skyrocketed in response and stocks gapped severely lower in Asia and Europe on Monday. US markets initially followed suit at the open, but in a pretty orderly fashion with the prevailing consensus expectation of a limited conflict that will end relatively quickly with Trump eager to declare a swift…
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