(Reuters) -us President Donald Trump On Saturday Said That a “Very Successful Attack” on Three Nuclear Sites in Iran Had Been Caried Out. In A Posting on Truth Social, Trump Aded, “All Planes Are Safely on Their Way Home” and He ended His Posting Saying, “Now is the Time for Peace.”
FOLLOWING ARE COMMENTS FROM FINANCIAL AND CORPORATE Analysts:
Mark Spindel, Cio, Potomac River Capital, Washington DC:
“I Think The Markets Are Going To Be Initially Alarmed and I Think Oil Will Open Higher. We don’t have any Damage Assessment and That Will Take time. UNCERTAINTY IS GOING TO BLANKET THE MARKETS, NOWERS EVERYWHERE ARE GOING TO BE EXPOSED.
“There’s Plenty of Time to Deliberate Before Markets Open on Sunday. I’m Making Arrangements To Talk To a People Tomorrow. We’ll Get an Early Indication When the Dollar Opens for Trading in New Zealand. This Such Such a Bold Action, Thought, and It’s Such Such A Big Contrast To The Comments About Negotiating for the Next Two Weeks. “
Jamie Cox, Managing Partner, Harris Financial Group, Richmond, Virginia:
“Oil is sure to spike on this Initial News, But Will Likely Level in a Few Days. With this demonstration of force and total annihilation of its nuclear capabilities, They’ve Lost All of the Leverage and Will Likely Hit the Escape Button to a Peace Deal.”
Mark Malek, Chief Investment Officer, Siebert Financial, NYC:
“I THINK IT’S GOING TO BE VEY POSITIVE FOR THE STOCK MARKET. I BELIEVE THAT ONE YOU’D ASKED ME, I WOULD HAVE EXPECTED TWO WEEKS OF VOLATILITY WITH MARKETS TRYING TO Analyze Every Zer and Drab of Information Coming Out of the White House and I WOUL have said that it will have been been better to make a decision last week.
“So this will be reassuring, specially since it sems like a one and done situation and not as IF (the US) is Seeking a long, drawin out conflict. It. “
Jack Ablin, Chief Investment Officer of Credet Capital, Chicago:
“This Adds a Complicated New Layer of Risk That We’ll Have To Consider and Pay Attention To … This is Defintel Going To Have An Impact On Energy Prices and Potentially on Inflation As Well.”
(Reporting by Saeed Azhar, Suzanne McGeecompiled by Peter Henderson and Vidya Ranganathan)
