1. By a show of hands, who was surprised that the cataclysmic warnings of the weekend subsided into talk of diplomacy on Monday?
2. Let’s hypothesize the US gov’t or allies did pre-release this info to traders as a policy tool, inviting them to sell oil profitably, shaping the later price action . In a practical sense they may have brought more speculators to the short side than otherwise would have been there; is that scenario really beyond the pale?
3. News of war and sovereign relations on an international stage necessarily will test the boundaries of traditional law of confidentiality and fair practices.
1. I was, but felt dumb, like Charlie Brown.
2. They definitely did. There's evidence from prediction markets too, and the timing is within 15 minutes of the press conference. It's beyond the pale because this was a quid pro quo action, where Trump toyed with people's lives so that his campaign donors could profit off his otherwise pointless war.
3. Not true. It is unusual for militaries to preannounce their battle plans to wall street speculators so that those speculators can make a quick buck.
Not traders. Friends and family. These guys are idiots who figure they will all be pardoned before Trump leaves office, or part of the junta that replaces him if he doesn’t leave office.
no one was surprised.
i imagine both sides are actually in the same game.
why do u think trump allow iran to sell oil still -_-. there was a lovely post earlier today on HN laying it all out pretty eloquently.
https://news.ycombinator.com/item?id=47499822
i personally think the people who do _business_ on both sides will find their way to profit out of this. as they always do.
if u look at the timing of statements u can see its just a game.
If you run the numbers: https://news.ycombinator.com/item?id=47504505
You will see, that anything else other than a ground invasion, is guaranteed to give Iran a war victory.