Interesting developments this morning
Overnight, the United States carried out an airstrike on Lark Island in Iran, destroying missile launch positions and Iranian mining teams.
Iran confirmed that 2 Revolutionary Guard soldiers were killed and several civilians were injured.
Iran responded: 'The Trump regime made a grave mistake, and this attack will be met with a response, and the US will be punished.'
The response was not long in coming – the Iranians attacked two American bases in Jordan with ballistic missiles – all missiles were intercepted.
And then, after all this, came Trump's attached tweet, in which he uploaded a video (AI, of course) of the strategic Iranian island of Kharg being destroyed from the air.
A serious threat.
Meanwhile, the markets in the United States are not really excited, futures on the leading indices are green...
Either the market understands that this is not an escalation – or it finally understands that Trump truly has the upper hand here.