Australia's largest stock trading and investment forum Australia's #1 stock forum

XJO

Click for more information

0.49%

7,628.2 s&p/asx 200

XJO - Bear Posts only (Factors which might cause the markets to fall), page-15336

First 15336 Last

Share
Profile

Follow
ProfessorBen

8,038 Posts.

919

08/04/24

18:03

Post #: 73245149
Share

Originally posted by DoctorBen: ↑

Would be interesting to know what Iran actually communicated to the US through Swiss embassy and Oman. Rumors are circulating that it offered to not directly respond to Israel, if US brokers a permanent ceasefire in Gaza. I personally doubt that. But if true, it let's Biden save his election campaign from inflation and another ME war, Iran gets to avoid a costly confrontation with Israel, and Gaza get a chance to survive this humanitarian crisis. That would be a very desirable outcome for almost everyone.

Could explain recent Biden's pressure on Israel and today's withdrawal of some Israeli troops from Gaza.

But like I said I personally doubt that, given Netanyahu has likely considered all these scenarios when he played the Iran-escalation card. A deal like that will effectively throw him under the bus, at a time he is facing significant internal challenges.

Expand

That rumour also started to show up in some news outlets. If true, it means Netanyahu tried to derail Biden's re-election campaign and in response Biden did not hesitate to throw him under the bus. Let's see if markets dodge this ME crisis --- at least for now.

Last edited by ProfessorBen: 08/04/24

XJO Value at posting: 7,789.1
2 Upvote

0 Great analysis

Reply

There are more pages in this discussion • 622 more messages in this thread...

First 15336 Last

Add XJO (ASX) to my watchlist

SPONSORED BY