Macro Strategy Insights

A LOT Of Moving Parts

Believe It or Not… Believe it or not, we typically prepare the T-Report on Saturday, for Sunday morning delivery. Well, rip up the script. With the U.S. attacking Iran, we had to change some things. First, let’s start with the SITREP that went out last night. Please read if you haven’t already. A few quick takes: The attacks help establish Deterrence and Peace Through Strength. There are risks of retaliatory attacks by Iran and disruption to oil flow, but those risks seem low. We cover those issues and more in the SITREP. Without redoing the entire T-Report, let’s run with ... A LOT Of Moving Parts

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