Originally Posted by
JamesNoBrakes
Now fully open.
Saturday: Two gunboats from Iran’s Revolutionary Guard opened fire on a tanker transiting the Strait of Hormuz, the British military’s United Kingdom Maritime Trade Operations center said. It reported the tanker and crew as safe, without identifying the vessel or its destination. TankerTrackers.com reported vessels were forced to turn around in the strait, including an Indian-flagged super tanker, after they were fired on by Iran.
This is why using the stock markets/commodities markets as one’s primary indicator of success or failure is problematic. Markets (and a great many individuals) apparently have not wrapped their head around the fact that POTUS will absolutely make up whatever stories he thinks the markets will like. He’ll even tell completely contradictory stories over the course of a few days or hours in order to sway opinions his way. And yet the markets wax and wane with his every word. It must be exhausting. Call me when gas and diesel prices come down & Jet A is plentiful around the world again.