For the second straight week stocks were flat to lower with Iran in focus. One of the major storylines heading into the previous week was the Israel-Iranian war, and specifically the impact on oil prices as they surged following the initial strikes by Israel.
There still doesn’t appear to be even a hint of a threat of escalation into something that could become World War III. That’s an especially good thing.
I’ll say this much for President Trump regardless of whatever he eventually decides to do or not do pertaining to U.S. military intervention in Iran. He quickly became the king of psychological warfare.