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April 24, 2026, continuing to discuss the market trend along this line
1. On the geopolitical level, the current form of the US-Iran war has already shifted from hot war to a war of attrition centered around news, economics, and negotiations;
I think what Trump is saying is mostly true (Figure 1);
The attrition, the US has the world's strongest comprehensive national power, and the vitality to initiate a new round of AI technological revolution;
As for Iran, I really can't think of anything.