Watching this unfold in real time, I was amazed at how slowly it all spread. These tweets from two of the biggest news services come literally an hour after we began reporting on this attack.
I think the slow reporting has something to do with the slow market. The movements seem to run out of steam, then take on new life when there are new reports from an hour ago.
You also have to take into account that this is all happening late in New York and overnight in Europe, so phones are ringing all over the world and some people are certainly more worried than others about a real war.
So where are we? Now is the time to wait and see how Iran responds.
From what I’ve heard, this sounds like a single strike (probably with multiple bombs, probably 3) on a site in Iran, probably a military site and not a nuclear one. That’s my best guess. The question is whether this was intended to kill people on the base or simply as a show of force.
Even if there are casualties, I think Iran might pull out, but you never know. The best thing would be if no one gets hurt, but it might be a few hours before we can figure it out.
cnbctv18-forexlive
