The Twelve Day War, 5 Percent? Get Bent, Dead Dollar Bounce
Nothing Ever Happens. Or does it? A week on from a one act play of a war, we pick through the charred remains of the Fordow Nuclear Site. We’re looking for clues. A smouldering nothingburger here; or a flambéd Middle Eastern order there?
Meanwhile, Daddy got his five percent — NATO members have signed up to splash the cash on the next generation of weaponry. But is this wise defensive spending, or just a fully-armoured hypersonic pork barrel?
Finally, the S&P has rallied this week - just as the dollar has dipped enough to offset the wins. Now, with bond yields also on the up, we’re into an…
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