Lao Te has rejected Iran’s proposal for a seven-day ceasefire plan. But as they say, news is news—after fighting for so long, the market has already gotten used to it. Oil is holding steady, and commodity prices can basically be manipulated with a few words from Lao Te.
Good job on managing expectations—there are plans to resume bombing Iran after the midterm elections in mid-November. But during this period in November, the Iranian president said: Iran does not want to possess nuclear weapons and is willing to move forward with negotiations with the United States.
There are no permanent enemies—only eternal interests.
So this is about setting up a little little brother. On the surface, they keep fighting; behind the scenes, both of them manipulate commodity prices together.
Nothing too major has changed. We’ll see how the market moves again next week—this rebound cycle hasn’t ended yet.
#US-Iran
Good job on managing expectations—there are plans to resume bombing Iran after the midterm elections in mid-November. But during this period in November, the Iranian president said: Iran does not want to possess nuclear weapons and is willing to move forward with negotiations with the United States.
There are no permanent enemies—only eternal interests.
So this is about setting up a little little brother. On the surface, they keep fighting; behind the scenes, both of them manipulate commodity prices together.
Nothing too major has changed. We’ll see how the market moves again next week—this rebound cycle hasn’t ended yet.
#US-Iran