The US attacked Iran, but the market doesn’t care at all

Over the weekend, the US and Iran launched strikes against each other again. I took a look at the chart, and surprisingly, this didn’t have much of an impact on the market—despite the fact that, half a year ago, this kind of news would absolutely have been an excellent excuse to trigger a massive sell-off like the one on October 10.

On the contrary, the biggest scam-coin even edged slightly higher. Even crude oil fell back to the levels before the conflict after opening—at this pace, by autumn, the US inflation rate could return to the pre-surge level. That means the Fed likely won’t raise interest rates, and all the foolish behavior in the market driven by panic and fear will probably end around the end of September.

By the way, Trump posted today that Iran has requested a diplomatic meeting with the US delegation in Doha tomorrow. After the meeting ends, some interesting details may leak out.

Wishing everyone abundant profits!