From Marc to Market:
Hope springs eternal, and the capital markets are trading on hope that the Middle East war ends shortly, even as missiles continue to be fired in the region. President Trump again hinted that the war may be winding down shortly. He will address the nation at 9:00 pm ET today. At a news conference today, UK Prime Minister Starmer announced plans for closer cooperation with the EU. Although by treaty, NATO is not obligated to get involved, any more than it did in the US long war in Vietnam, President Trump renewed his threat to leave the alliance. After the US threat earlier this year to take Greenland from a NATO member, the pact had been strained.
The Middle East War weighed on stocks and bonds and supported the dollar. If, and that may still be a big if, the war winds down, the markets are anticipating a reversal: a rally in stocks and bonds and a weaker greenback....
....MUCH MORE
Mr. Chandler's first sentence would have had a fair chance in the Bulwer-Lytton Fiction Contest but sadly the contest is no more. The contest had a good run, 1983 to 2025 but now we are left with the original as our lodestar:
It was a dark and stormy night; the rain fell in torrents, except at occasional intervals, when it was checked by a violent gust of wind which swept up the streets (for it is in London that our scene lies), rattling along the housetops, and fiercely agitating the scanty flame of the lamps that struggled against the darkness.
—The opening sentence from Paul Clifford by Edward Bulwer-Lytton, 1830
In addition to one of the greatest run-on sentences of all time, Bulwer-Lytton is also known for the house he inherited from his mom, Knebworth:
—Via Philosophy for Life
He was afterward made 1st Baron Lytton of Knebworth.
