A great deal has happened in recent weeks. Donald Trump is waging a low-key war against Iran and apparently failed to consider the consequences for the global economy. When he realized the impact of his actions on inflation and the crude oil market, he tried to backpedal. This situation could ultimately even strengthen Iran, which would be disastrous for the region. Currently, there is talk of “friends talks,” but why should Iran agree to the Trump administration’s demands? Given that the president has little support at home, his leverage is extremely limited. Once again, it has become clear that Donald Trump lacks both foresight and even a shred of a plan. It remains to be seen what will ultimately be the outcome of the disaster he has created in the Gulf region.
The Europeans, for their part, don’t know how to react, so they are acting in typical European fashion: “wait and see.” This, of course, contributes little to a solution, but the EU is still primarily preoccupied with the Ukraine crisis.
Israel continues to fan the flames, hoping to finally rid itself of its long-standing arch-enemy, Iran.
The markets are, of course, reacting very volatilely, as the S&P 500 chart since the beginning of the year shows. Only since mid-April have we seen a continuous rise:
The changing direction is even more apparent with crude oil. We even saw highs of $115 at one point:
For our investments, the current situation naturally offers many opportunities. We have been able to take advantage of the various price fluctuations very effectively and generate corresponding profits.
