Iran Retaliation incoming (Patreon)

Iran is reportedly preparing to launch an imminent ballistic missile attack against Israel.

This is on top of the US Port Strike which yesterday I labeled as a gray swan and this will also impact inflation and really hit the economy if it is a prolonged strike. I am beginning to think OCT could be the new REKTEMBER

This development comes after Israel initiated a limited ground operation in southern Lebanon targeting Hezbollah, an Iran-backed militant group. The United States has warned of severe consequences if Iran proceeds with the attack and is actively supporting Israeli defensive preparations.

Market Implications (Note I have not gone short but still have at least 9% cash)

• The threat of an imminent Iranian missile attack on Israel is likely to have negative repercussions for financial markets:

• Increased Volatility

• Oil Price Spike

• Safe-Haven Assets like Gold and Bitcoin should like it

• Stocks will fall

• MIC Stocks will be on fire eg LMT