Of course, if the below were true, Iran would downplay it, as Israel claims that the Rampage went undetected by Iran’s air defense systems.

https://www.msn.com/en-us/news/world/israel-hit-iran-with-a-half-ton-supersonic-rampage-missile-report-says/ar-AA1noyeD?ocid=msedgntp&pc=LCTS&cvid=d5f25b38a9114bd2d569df0eb2c18663&ei=12

My gut feeling tells me that this escalates in the coming week: creating the perfect garb for the long awaited correction in the broader stock markets.

The 10-yr yields are still the most intriguing market, as they could rise or fall, since they are breaking out of a consolidation, after having reached 5% a few months ago. Of course, if they do fall (which is likely not, as bonds are no longer a safe haven), it could just be a backtest before they eventually set new highs. I believe this could have been a stretched Intermediate Cycle, but I’ll leave that to the TA experts at the Tent.

If all this accelerates, the Fed gets the cover for an emergency rate cut.

In other news, Walmart is reducing self-checkout kiosks and adding back “personalized service” … right after the demise of 99-cent stores etc.
LOL.

Opinions?
GL