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48 hours after the ceasefire fell apart: the true direction may have just begun
What the market fears most is not bad news, but "uncertain bad news." #Renewed US-Iran conflict triggers market turmoil
The current situation in the Middle East is in this state: neither fully escalated nor clearly de-escalated. This means that the coming days will be a critical observation window.
If the conflict further expands, WTI Crude Oil may continue to rise, and risk assets will come under pressure; but if signs of de-escalation appear, the market will quickly reverse.
In this environment, the worst thing to do is "bet on a direction." A more reasonable approach is to follow confirmed signals rather than bet prematurely.
—Summary: Now is not the time to guess the future; it’s to wait for the market to give answers.