The U.S. bombed Iran’s nuclear sites, and in response, Iran’s Parliament voted to close the Strait of Hormuz — a key route that handles 20% of the world’s oil and gas shipments.
You’d expect markets to panic, but surprisingly, they didn’t:
15 hours after markets opened, U.S. stock futures (S&P 500) are up.
oil prices going from up +5% to down -0.2% lol
Gold, usually a safe haven during crises, is also down.
Even though the U.S. might now be involved in a war with Iran and Trump is pushing for regime change, markets are acting like it’s not a big deal.
Bottom line: Investors believe this conflict will be short and limited
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