⚡️ Markets Stabilize Despite Middle East
The US bombed Iranian nuclear facilities and the Iranian parliament voted to close the Strait of Hormuz. Yet 15 hours after trading opened, S&P 500 futures were green and oil prices were red.
📈 It's hard to believe that Iran's parliament voted to close the Strait of Hormuz, which controls 20% of the world's oil and gas production, while oil and natural gas prices fell.
🛢 But that's exactly what happened: oil prices rose from +5% to -0.2%, while natural gas prices fell by -1.1%. Meanwhile, BTC is rising above $102,000.
😨 And even as the US joins the war against Iran and Trump calls for “regime change,” gold prices are falling.
🔥 Conclusion: The world is not on the brink of World War III. Markets still expect a short-term conflict.
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