Nomura Outlines 3 Scenarios For Stocks As S&P Traders Face $21 Billion In CTA Supply

At the end of the day, top Nomura market strategist, Charlie McElligott, points out that this US action in Iran (and Venezuela, and Greenland, and agitations against Mexico, Canada, South America and even Europe / NATO) is about the "China Isolation Long-Game" in the future state-war for Resources (Base Metals, Rare Earths), Energy, and Chips for AI Compute