"What If?" Wednesday - CPI and War
"What If?" Wednesday:
- It's still Tuesday, but I wanted to post this early.
CPI:
- Speculated CPI to beat expectations.
- Bullish breakout of resistance, 2X ATR volatility.
Yom Kippur War II:
- "The Yom Kippur War, Ramadan War, or October War also known as the 1973 Arab–Israeli War, was fought from October 6 to 25, 1973, by a coalition of Arab states led by Egypt and Syria against Israel. The war took place mostly in Sinai and the Golan—occupied by Israel during the 1967 Six-Day War—with some fighting in African Egypt and northern Israel. Egypt's initial war objective was to use its military to seize a foothold on the east bank of the Suez Canal and use this to negotiate the return of the rest of Sinai."
- According to Chernyaev, on November 4, 1973, Soviet leader Leonid Brezhnev said:
We have offered them (the Arabs) a sensible way for so many years. But no, they wanted to fight. Fine! We gave them technology, the latest, the kind even Vietnam didn't have. They had double superiority in tanks and aircraft, triple in artillery, and in air defense and anti-tank weapons they had absolute supremacy. And what? Once again they were beaten. Once again they scrammed. Once again they screamed for us to come save them. Sadat woke me up in the middle of the night twice over the phone, "Save me!" He demanded to send Soviet troops, and immediately! No! We are not going to fight for them.
- Iraq raises oil export prices to US and lowers them for Asia.
- In response to U.S. support of Israel, the Arab members of OPEC, led by Saudi Arabia, decided to reduce oil production by 5% per month on October 17. On October 19, President Nixon authorized a major allocation of arms supplies and $2.2 billion in appropriations for Israel. In response, Saudi Arabia declared an embargo against the United States, later joined by other oil exporters and extended against the Netherlands and other states, causing the 1973 energy crisis.
- Ship gets stuck in Suez Canal.
- Colonial pipeline cyberattack.
- US missile submarine in Strait of Hormuz, intercepts weapon shipment.
- Israel-Palestine conflicts escalates, with Hamas firing over a hundred rockets into Tel Aviv (a tech hub)'s residential area.
- Trans-Israel pipeline in Ashkelon burned.
- US citizens lining up for oil, and hoarding oil in expectations of shortages.
- “We’re going to make it clear to anyone collecting unemployment who is offered a suitable job they must take the job or lose their unemployment benefits.” - Joe Biden
- 'But Joe, how can I get to work with no gas?'
#DealWithIt
I heard the military is always hiring!
COVID:
- Meanwhile COVID mutation rampages in India, where a large share of IT services in the US are outsourced to! This includes cybersecurity related positions.
Speculation:
- Energy crisis will be the first domino piece to fall.
Inflationary Shock forecast:
GLHF
- DPT
- It's still Tuesday, but I wanted to post this early.
CPI:
- Speculated CPI to beat expectations.
- Bullish breakout of resistance, 2X ATR volatility.
Yom Kippur War II:
- "The Yom Kippur War, Ramadan War, or October War also known as the 1973 Arab–Israeli War, was fought from October 6 to 25, 1973, by a coalition of Arab states led by Egypt and Syria against Israel. The war took place mostly in Sinai and the Golan—occupied by Israel during the 1967 Six-Day War—with some fighting in African Egypt and northern Israel. Egypt's initial war objective was to use its military to seize a foothold on the east bank of the Suez Canal and use this to negotiate the return of the rest of Sinai."
- According to Chernyaev, on November 4, 1973, Soviet leader Leonid Brezhnev said:
We have offered them (the Arabs) a sensible way for so many years. But no, they wanted to fight. Fine! We gave them technology, the latest, the kind even Vietnam didn't have. They had double superiority in tanks and aircraft, triple in artillery, and in air defense and anti-tank weapons they had absolute supremacy. And what? Once again they were beaten. Once again they scrammed. Once again they screamed for us to come save them. Sadat woke me up in the middle of the night twice over the phone, "Save me!" He demanded to send Soviet troops, and immediately! No! We are not going to fight for them.
- Iraq raises oil export prices to US and lowers them for Asia.
- In response to U.S. support of Israel, the Arab members of OPEC, led by Saudi Arabia, decided to reduce oil production by 5% per month on October 17. On October 19, President Nixon authorized a major allocation of arms supplies and $2.2 billion in appropriations for Israel. In response, Saudi Arabia declared an embargo against the United States, later joined by other oil exporters and extended against the Netherlands and other states, causing the 1973 energy crisis.
- Ship gets stuck in Suez Canal.
- Colonial pipeline cyberattack.
- US missile submarine in Strait of Hormuz, intercepts weapon shipment.
- Israel-Palestine conflicts escalates, with Hamas firing over a hundred rockets into Tel Aviv (a tech hub)'s residential area.
- Trans-Israel pipeline in Ashkelon burned.
- US citizens lining up for oil, and hoarding oil in expectations of shortages.
- “We’re going to make it clear to anyone collecting unemployment who is offered a suitable job they must take the job or lose their unemployment benefits.” - Joe Biden
- 'But Joe, how can I get to work with no gas?'
#DealWithIt
I heard the military is always hiring!
COVID:
- Meanwhile COVID mutation rampages in India, where a large share of IT services in the US are outsourced to! This includes cybersecurity related positions.
Speculation:
- Energy crisis will be the first domino piece to fall.
Inflationary Shock forecast:
GLHF
- DPT
Trade active:
as expected, CPI diverging,
"The UN has warned that the violence in Gaza could escalate into a “full-scale war” after Israel carried out heavy airstrikes on Gaza and Palestinian militants fired hundreds of rockets into Israel. Since Monday, at least 53 Palestinians — including 14 children — have been killed, say Palestinian officials, and at least six Israelis were also killed in the current standoff."
"The UN has warned that the violence in Gaza could escalate into a “full-scale war” after Israel carried out heavy airstrikes on Gaza and Palestinian militants fired hundreds of rockets into Israel. Since Monday, at least 53 Palestinians — including 14 children — have been killed, say Palestinian officials, and at least six Israelis were also killed in the current standoff."
