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The stock market has been trying to ignore the war in Iran.
I was watching TYT last night, when Cenk went on a rant about the people on Wall Street being the dumbest in the world. The market seems to be floating, over the last six weeks, on near daily assurances that USian victory is imminent, and everything will be Jim-dandy...because that is what they want to hear.
Iran denies that it has agreed to surrender it's enriched U. This morning, the wire is buzzing with news that, as the US did not end it's blockade, Iran has closed the Strait again. Iranian gunboats, which supposedly had all been sunk, opened fire on a tanker this morning, to confirm the closure.
Woe to those who were shaken out of their positions in big oil Friday.
Steve
