The Weekly Insight
The Weekly Insight
Nobody Knows – But Somebody Blinked
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Part of the problem with drafting these memos is the news can change quickly.
When we wrote this on Sunday night, we noted: “If the deadline passes without significant escalation, it may end proving Trump’s Friday missive. It may be the biggest offramp yet.”
Monday morning — somebody blinked.
Trump announced "very good and productive conversations" with Iran and postponed all strikes on Iranian power plants for five days.
Iran denied the negotiations. Then their state TV declared victory.
The market read right through it. Equities: up sharply. Oil: down sharply.
Three weeks ago, Goldman said buy the dip. Last week, Goldman said oil above $100 through 2027. This morning, the market is pricing something different.
We don't know how this ends. But we knew what to watch — and one of those signals fired today.
Read more here: https://insightwealthgroup.com/the-weekly-insight-nobody-knows-but-somebody-blinked/
