March 30 Member Morning Report: The market is "waiting" for the United States to launch a ground war. America's "menace" is spreading across the entire West.

1、【The market is “waiting” for the U.S. to launch a ground war】The speaker of Iran’s parliament said the United States is “secretly plotting a ground invasion,” while Iran is “waiting.” On Saturday, about 3,500 U.S. Marines and sailors arrived in the Middle East aboard the amphibious assault ship USS Tripoli.

2、【The U.S. “trouble” is spreading across the entire West】French officials said that in a failed bombing attempt at the headquarters of Bank of America in Paris on Saturday, two more people were arrested. According to Agence France-Presse, one of them was arrested at the scene; previously, he had placed five liters of liquid and an ignition device near the building. The French Ministry of the Interior speculated that this attack may be related to the Iran war.

3、【Large-scale anti-government protests break out in the United States】On Saturday, protesters in multiple U.S. cities took to the streets to protest Trump during the third round of the “No Kings” demonstration. The organizers said this was “the largest day of protest in U.S. history”; across the United States, an estimated 9 million people were expected to take part in more than 3,000 events.

4、【Trump threatens Cuba】After the United States took military action against Venezuela and Iran, U.S. President Trump issued a threat to Cuba, saying, “Next is Cuba.”

5、Commentary: Trump’s wild claims about Cuba come with confidence. Regarding the close relationship between Venezuela and Cuba in the context of lips and teeth going together, please see earlier: After the Venezuela incident, the only “survival-level” loser worldwide appeared.

4、【Trump threatens Cuba】After the United States took military action against Venezuela and Iran, U.S. President Trump issued a threat to Cuba, saying, “Next is Cuba.”

5、【The Yemeni Houthi forces join the fighting】On Saturday, the Yemeni Houthi forces issued a statement saying that in response to the escalation of the current situation in the region, the group has carried out its first military operation. The operation used multiple ballistic missiles to strike Israel’s “important military targets.” The related military operations will continue for some time into the future until the group’s announced objectives are achieved.

6、Commentary: The Houthis’ full involvement in the conflict is not what truly frightens global markets the most—what they fear most is their ability to control the Strait of Mandeb. The Strait of Mandeb is a key waterway connecting the Red Sea and the Gulf of Aden, carrying about 12% of the world’s oil transport and a large amount of global commercial and logistics shipments. For more on this outlook, please see earlier: Not just the Strait of Hormuz! Global shipping is facing an unprecedented “double choke point” situation.