RE: Down Day Looking Likely Today?21 Dec 2023 08:35
Pressure on Israel government rises to move to a ceasefire if itโs passed. Shipping re-routing around Africa wonโt help inflation so west in a bit of quandary as itโs minimal effect on the east ie, Russia China as they use a different route and Russia has virtually decoupled from west and thus circulation most of its oil and gas to eastern markets. West suffers while the Red Sea problems remain as oil, gas, supply chains heavily use suez so not in their interest for that situation to carry on. Wall Street wonโt be happy!
GL