physical war is good for volatility. Traders only care about volatility. if China invades Singapore, I’m gonna make a fortune. That’s all we should care about.
No, we should care about the singaporians being attacked first. Then if everything is ok, money second
First important companies to report earnings (today before the open) are the big banks... Black Rock, Wells Fargo, Morgan Stanley, Bank of NY, and JPM... all are down on "less than optimistic" guidance. If their guidance were favorable, you'd expect them to be up this morning. They're not crashing pre-market... down 2-7% so far, but they didn't say, "things are looking good for the rest of 2025". Goldman Sachs reports Monday. FWIW..