So amusing to see market crash and WWIII tweets by stock experts.
- Israel attacked the Iranian embassy compound in Damascus 2 weeks ago
- Iran couldn’t do nothing because what self respecting country would allow that?
- They decided on a very calibrated and slow drone attack that Israel was well prepared for. They could’ve used ballistic or cruise missiles which are much faster but they didn’t.
- They declared this an appropriate response and considered the matter “concluded”.
- This way they save face and Israel deflects the easy attack.
Netanyahu is fighting for his political life so he could decide to go rogue and respond heavily.
But the US would likely tell him to pipe down because who wants a war with Hezbollah, Yemen, Iran, and Hamas (with Russia backing)?
I personally think the stock market could see an initial drop on Monday but just like when Russia invaded Ukraine, it was one of the biggest reversal days that year…and the market ended green.
But go on and cheer for WWIII so your 3 puts can “print”.