The Iranian response to the UN Security Council package
re Iran's nuclear enrichment program was accompanied by
wide ranging war games in Iran and not further provocation.
A round of diplomacy may lie ahead as neither side has
definitively closed the door to further discussions.
The tenor of discussions on both sides suggests each is
laying the groundwork to blame the other if it winds up
that Iran moves on with its enrichment activities and faces
sanctions of some consequence as a result. However, no
resolution of the issue is likely right away.
The UN must accelerate efforts to bring a large multinational
force on board in Lebanon to defuse further the tension between
Israel and Hezbollah. So far, both sides are acting with
reasonable forbearance.
My intent is to get back to trading.
I have ended full text posting. Instead, I post investment and related notes in brief, cryptic form. The notes are not intended as advice, but are just notes to myself.
About Me
- Peter Richardson
- Retired chief investment officer and former NYSE firm partner with 50 plus years experience in field as analyst / economist, portfolio manager / trader, and CIO who has superb track record with multi $billion equities and fixed income portfolios. Advanced degrees, CFA. Having done much professional writing as a young guy, I now have a cryptic style. 40 years down on and around The Street confirms: CAVEAT EMPTOR IN SPADES !!!
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