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Australian dollar explodes
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MacroBusiness
This is TACO (Trump Always Chickens Out) as his “massive armada” closes in on Iran.
Military preparations look more like surgical strikes than an all-out war, despite the rhetoric, so the TACO is probably right: oil won’t get far.
Copper has gone mad.
AdvertisementMiners have gone mad just because!
As a quick aside, what would a Trump third term look like, given his psychological dependence upon escalation?