Stocks Sink After Israel-Iran Escalation Array ( [cookie] => 38bc7a-aa3424-337639-f96d2b-e9393b [current_usage] => 2 [max_usage] => 2 [current_usage_crypto] => 2 [max_usage_crypto] => 2 [lock] => 1 [message] => [error] => [active_member] => 0 [subscriber] => 0 [role] => [visitor_id] => 207711 [user_id] => [reason] => [method] => ) 1 and can accesss

“Intuition will tell the thinking mind where to look next.” ~ Jonas Salk

Good evening,

The S&P 500 has closed out its third consecutive down week, and there is no denying that investors had much to worry about this week. Stocks had already come under pressure last week with shrinking expectations for rate cuts from the Fed and a recent CPI print that came in hot. Escalating tensions between Iran and Israel last week also weighed on investors’ minds, and those worries ramped up significantly on Sunday (April 14) when Iran launched an attack of unprecedented scale against Israel, launching 300 drones and missiles – although nearly all were successfully intercepted.