Ann: Investor Presentation, page-58

Anyone interested in good research vs superficial narrative headlines, should research what happens to PMs when war news breaks. First a vicious spike up and then a more vicious spike down trapping retail who bought on the hype.

For the record, there's been talk about the US attacking Iran for decades - endlessly. The US if anything will strike Iran proxies but there's a long way to go before they'd go Iran directly, for the risk of escalating the regional war. There aren't micro managing Israel to limit that scenario, simply to shoot themselves in the foot.

Oil up = inflation up = rates up = milestone blowout = BML down. I wonder if anyone notices this post?