Lebanon's Hezbollah said on Thursday it has launched more than 200 rockets targeting five Israeli military positions in response to the killing of one of the Iran-aligned group's top commanders in south Lebanon on Wednesday. https://www.jpost.com/breaking-news/article-808928 You have been warned. Fasten your seat belts.
During my younger days, I used to hero-worship Israelis. I also thought God was with Israel during the 6-day war. After studying history (and not just the bible) in greater detail, I stopped the stupid hero-worship thing. Further, the Bible is mainly about war after war after war. Be mindful of Karma; what goes around, comes around. Return what you have stolen from the Palestinians. Anyway, this war is too complex. God and Allah better sort things out. I thought there was a movie 'Let the Gods crash each other'.
Once again markets will not worry about any conflicts in that area....I used to a while back get worried about these kind of geopolitical situations and the variables that could down play in the markets, but these days this geopolitical uproar means absolutely nothing to equities.......literally is the last thing markets care about. And if you think about it, how many thousands of years has there been wars on earth???? Let's just say there have been literally countless wars in the last 150 years alone and look how splendid and extremely well equities do. ...continous historical highs all while conflicts engage throughout society
Yea they will be solving every human kind situation....can't wait till they solve the problems for traffic and waiting times on line at the super market...then will be talking 17 trillion for a nvda market capitalization
If it impacts oil, it will affect the market otherwise no. The market has become quite resilient and insulated from geopolitical events otherwise the market dropped quite a bit when Russia suddenly invaded Ukraine.
OPEC has lost its importance not only due to the US shale region but a lot of other countries now produce oil that the KSA doesn't control. Just recently Guyana had a huge oil field find.