Too Much To Handle.
Following a weak-volume, low-volatility trading week in the stock market that nevertheless solidified August’s gains and a generally quiet weekend on the newswires, Monday marked the expiry of the 60-day Memorandum of Understanding, intended to be a pause during which a resolution to the US/Iran war could be crafted but which has clearly been a total failure.
Trump, faced with record low approval ratings, went back to bashing and threatening international allies, picking particularly on South Korea and Oman (“we’ll bomb the s**t out of them”) and re-floated the idea of an illegal US ownership…
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