Markets just exhaled. Trump says no Iran strike today, and futures immediately popped:
$SPX +0.5%
$NDX +0.7%
$DJI +0.4%
Oil reversed hard—WTI down 1.5%, Brent off 1%, natural gas dropped 2.5%. Classic risk-off unwind.
S&P 500 now just 3% from all-time highs. Geopolitical risk premium came out fast. When war fears fade, money rotates back into equities and out of energy. Simple as that.
Watch how quickly sentiment can flip on headline risk.
$SPX +0.5%
$NDX +0.7%
$DJI +0.4%
Oil reversed hard—WTI down 1.5%, Brent off 1%, natural gas dropped 2.5%. Classic risk-off unwind.
S&P 500 now just 3% from all-time highs. Geopolitical risk premium came out fast. When war fears fade, money rotates back into equities and out of energy. Simple as that.
Watch how quickly sentiment can flip on headline risk.