Spanking Children is Immoral and Ineffective

War Schmwar By Peter Tchir of Academy Securities Markets have been almost totally dismissive of the conflict in Iran. Frankly, the number of countries, including oil-rich nations, that had been firing at each other seemed quite high, yet most markets shrugged it off. While the Strait remained closed, or blockaded, or blocked, the market remained in Open Sesame mode this week. Moonshot Artemis II wasn’t the only “moonshot” we’ve seen. The SOX index has jumped almost 50% since March 30th. That would be incredible, but 18 straight days of gains is wildly impressive! (Even...

Futures Slide As Oil Jumps On Ceasefire Setbacks, Nasdaq In Danger Of Ending 13-Day Streak Futures are lower, but well off session lows,after a weekend of chaos in the Strait of Hormuz cast doubt over US-Iran peace talks ahead of Tuesday’s ceasefire expiration. On Saturday, Iran said the Strait will be closed until the US blockade is lifted, with ships reporting attacks. The US then fired and seized an Iranian-flagged ship on Sunday. Both headlines point to a re-escalation, as Iran military has now vowed to retaliate. It remains unclear...

Indonesia is preparing 1,000 troops to deploy to Gaza as part of a potential peacekeeping force by April, a spokesman for the country’s military told Reuters. Indonesia has said it could potentially deploy a total of 8,000 troops to the besieged Palestinian territory, and the spokesman said the full force will be ready by June. […]