The war in Iran continues (despite Mr. Trumps tweete)

 

The bridge to peace seems as long as ever.

Mr Trump seems to believe peace is near, and the markets continue to rally.

Space X goes public today, so markets are somewhat optimistic about that.

Despite Mr. Trumps tweets, more market participants are waking up to the realization that both the US and Iran probably dont want peace and the longer the straight of Hormuz stays closed the more the US oil and banking interests benefits. 

So Despite the inflation numbers appearing to be cresting more and more people are waking up to an oil crisis. 

Possibly a famine crisis.  Despite that most countries will readjust and survive and be ok, accept the lower income countries. Thats sad but that appears to be the case.

While all this goes on the AI boom continues probably driving down the cost of living for some but at the same time driving up unemployment.

Possibly leading to UBI which may lead to resentment among different people in our society.

My only conclusion is to accept this is an inflationary boom that may collapse then reinflated to pay for the S.S. payments and UBI payments not to mention healthcare.

Although AI will drive down healthcare costs in Western countries, and probably increase most peoples lifespan and quality of life and overtime there prosperity but the road will be bumpy.

It will be interesting to see how it all unfolds and my only answer is to keep saving and buying assets, a little gold and keep some cash, (dry powder)

Good luck.