dimzy5
04-13 03:52

$SPDR S&P 500 ETF Trust(SPY)$  Oil might spike short term, but the US Navy blocking ships means Iran can't sell its 2 million barrels a day. They lose $200 million daily, which was their only lifeline, leaving no cash to pay troops. Plus, China won't be happy and will tighten the screws. I think they'll come to the table quickly. All Trump has to do is agree to pay more for civilian infrastructure repairs, and I believe they'll deal. SPY should get back to ATHs within a few weeks. Then it depends on the 2nd quarter, inflation, and especially if Asian factories start idling in a few weeks. Those chip plants rely on by-products like helium with no real backup plans.

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