Poking The Bear.
Traders were very much on edge all weekend, bracing for a frenetic week with multiple impactful earnings reports, a Fed interest rate-setting meeting, tariffs suddenly front and center again, $100 oil and who knows what from an increasingly erratic Trump.
Conventional wisdom on Wall Street is that US foreign policy and military strategy is now being dictated by the interplay between the oil price and the election calendar and the main reason for Sunday’s pause in US airstrikes was that the “100/4” threshold had been breached again ($100+ oil and $4.00+ at the pump) with the midterms on the…
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