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re: Japan’s Nikkei plunges 3%

Posted on 4/19/24 at 7:29 am to
Posted by CajunTiger78
Member since Aug 2017
2528 posts
Posted on 4/19/24 at 7:29 am to
I disagree, the uncertainty of further escalation in tge middle east will push tge markets down further today. Pump in PM could be indicaton of big drop incoming.
Posted by Bard
Definitely NOT an admin
Member since Oct 2008
51795 posts
Posted on 4/19/24 at 8:13 am to

quote:

I disagree, the uncertainty of further escalation in tge middle east will push tge markets down further today.


Doubtful. Israel was always going to retaliate in some fashion, the only uncertainties were to what extent and when. As these response attacks were little more than a message to say "we can hit you back from within your borders" (as evidenced by being extremely limited in amount of firings and doing little real damage), it's more likely Iran will shrug it off with some sort of statement than retaliate with what we saw last weekend (much less declaring war).

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