US airstrikes in Iran escalate the conflict between Israel and Iran.
Iran threatens to blockade the Strait of Hormuz, with the risk of key raw material prices, such as oil, breaking upwards.
This will drive up prices, and the CPI data, which is most important to the Federal Reserve, will rise, causing expectations for interest rate cuts to continue to decline.
On a positive note, if the US steps back, it may mean that the greater conflict between Israel and Iran could end more quickly.
In the US stock market, the weekend's conflict did not trigger a drop in stock prices.
However, Crypto remains fragile and has suffered a heavy blow.
BTC has fallen to around $98,000 for the first time since breaking $110,000; ETH has seen a huge decline, briefly dropping to around $2,100.
In the crypto stock concept, only the stablecoin first stock CRCL is soaring, while other popular NASDAQ crypto concept stocks MSTR SBET DFDV BTDR are starting a long adjustment process.
In terms of personal holdings, Crypto assets like ETH, and US stocks ETHU BITX SBET are all underwater, and the road to recovering costs ahead is long...