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At what % is the market pricing in a quick resolution of US-Iran war?
I think it is priced in with a high %, making it the perfect reason for the SPY to drop 5%-10%
Trump is a man of markets and he knows stock indexes are still near ATHs. They can prolong this war for more than 1 month before needing to pivot and fix things quickly.
That would be a lot of damage due to disruptions in the Straight of Hormuz.
This would be a perfect support test, making dip buyers greedy again.
FWIW I have no idea where this would put Bitcoin since it tends to act completely random at times.