why is the market so fucked? well here’s what happened in the last 18 hours (GMT) lol: > 23:24: Axios says US military told to prep for strikes. Trump weighing timing before the midterms > 07:28: Maersk emergency fuel surcharge going to 20% from 12 Oct > 07:33: explosions across Riyadh > 10:00: Brent +4.2%. stocks & bonds both dumping > 12:35: Houthis claim ballistic missiles at Riyadh airport (again) > 16:23: Reuters: Trump says Iran talks are "productive" & no attack before the 3 Nov midterms From escalation to TACO within 18 hours. The bad bit is this means inflation is going to remain sticky and yields will remain high whilst the market remain sore… in its bum… until Trump calls off strikes after the midterm and this ends.