Brent −6%, S&P +2.4% on a Ceasefire That Never Happened — Strait of Hormuz Risk Is Half-Priced
TL;DR
* Crude −6%, S&P +2.4% on Fake Ceasefire: Strait of Hormuz Risk Is Half-Priced. Are you pricing the Strait of Hormuz risk or just the headline?
* 99.2% Collapse in Strait of Hormuz Traffic: One Tanker, Zero Entries — S&P 500 Priced a Handshake,
