Word I'm hearing is that White House, Pentagon, State Department are all gung-ho on a strike, fairly big one too. No players are counseling caution, U.N. won't even get much of a nod, since we think we've already got carte blanche. Hill will fully support the strike, might even delay impeachment. Hence Clinton is motivated to it sooner rather than later, about the only issue for which he can generate bi-partisan support right now.
I'm not convinced that'll really effect the market, though. It might add some downward pressure, but it also suggests that the U.S. is surprisingly capable of exerting itself globally despite its politicians attempt to cannibalize themselves. Should boost drillers, further.
I wouldn't bet on a strike, nor against it. This political climate is completely unpredictable. I'm with Mark. I'm not betting on nuthing, either way till after the impeachment votes, and probably not till after the Senate indicates whether they're going to go through a lengthy trial or go the censure route. And depending on how that goes, I might turn bearish. |
