Investor: I want freedom.
Shrewd investor: I have Shrewd'm!
- Anonymous Shrewd
- Manlobbi
Halls of Shrewd'm / US Policy
No. of Recommendations: 3
Friday afternoon, shortly after markets closed for the week, we learned that the US military bombed targets in Iran. Iran responded with attacks on US targets in Kuwait and Bahrain. Then, yesterday afternoon, before Asian markets opened, we received news that the US and Iran would be resuming talks on Tuesday. If you think that timing was coincidental, I have a bridge to sell you. sSteve Sosnick, IBKR
How long can Trump keep up the market manipulations?
No. of Recommendations: 2
How long can Trump keep up the market manipulations?
As long as his agenda requires it. Right now, his agenda requires cheap gas.
Trump: Gas prices coming down fast
President Donald Trump on Monday touted falling gasoline prices and declining crude oil costs, saying the trend reflects the success of his administration's policies following the U.S.-led effort to eliminate Iran's nuclear capabilities.
"GAS PRICES COMING DOWN, FAST!" Trump wrote Monday morning on Truth Social. "REPORT ANY ABUSES AT RETAIL LEVEL!!!"https://www.msn.com/en-us/money/markets/trump-gas-...He will keep surrendering to Iran, until the Proles become expendable in November. Then it's back to working for the enrichment of big oil.
Steve
No. of Recommendations: 2
He will keep surrendering to Iran, until the Proles become expendable in November.
The oil in the Strategic Reserve won't last that long.
No. of Recommendations: 2
The oil in the Strategic Reserve won't last that long.
As long as he keeps surrendering to Iran, they won't close the Strait, so the crude supply chain will be refilled in a month or so.
Steve
No. of Recommendations: 3
935 days unless Congress or natural causes intervene.
No. of Recommendations: 4
As long as he keeps surrendering to Iran, they won't close the Strait, so the crude supply chain will be refilled in a month or so.
The last exchange of missiles took place over the weekend. Now, it seems, they've agreed (again) to negotiate.
The strait is, therefore, technically "open", though only a trickle of ships made it through today.
More to the point....... what will Lloyds of London say?
Also to the point- how long will it take to repair the extensive damage done to many oil production and transportation facilities in the Gulf States?
No. of Recommendations: 3
The last exchange of missiles took place over the weekend. Now, it seems, they've agreed (again) to negotiate.Yup. WTI still bubbling around $70
US, Iran agree to ‘stand down for now,’ resume peace talks: Official
https://thehill.com/policy/defense/5944869-us-iran...
Steve
