November 9, 2023

By Nigam Arora & Dr. Natasha Arora

To gain an edge, this is what you need to know today.

Good News

Please click here for a chart of oil futures (CL_F).

Note the following:

• The chart shows when Hamas attacked Israel.
• The fear was that Iran would open a second northern front against Israel, escalating the Middle East war.
• The U.S. responded by sending two aircraft carrier groups to the Middle East to deter Iran and its proxies from opening a northern front against Israel.
• The falling trendline on the chart shows that investors came to believe there was a rethink in Iran as it appeared not to directly fight the U.S.