A Market Perspective On Iran Truce Whisperings

Amid rampant talk of a new US peace deal with Iran and the Strait of Hormuz’s reopening, a friendly reminder: Markets move first. Monday’s 1.7% S&P 500 price return and drop in crude oil prices merely extend recent trends, as markets started pricing in a better future several weeks ago.[i] Human nature always wants to wait for clarity, but markets don’t. Read Full Article »