Hi Folks, welcome back to Investment Income For Life. The crazy Donald Trump and the worst President in US History is sending a 3rd US aircraft carrier strike group (the USS Theodore Roosevelt) and also an additional 10,000 US ground troops to the Middle East. So by the end of November 2026, we will see 3 aircraft carrier groups and also 2 amphibious landing groups positioned extremely near Iran. So looks like Donald Trump is planning to escalate the war with some ground operations. No wonder there has been so much volatility in the stock market lately especially for SREITs. Looks like grappling with interest rate hikes from the US Federal Reserve is not enough.....Trump is back with his crazy antics and more of his "Art of the Deal" negotiation tactics against Iran.
Here is the greatest irony: US is grappling with a shortage of munitions but then Trump just sent the 3rd US aircraft carrier strike group out with threats of new bombardment campaign against Iran (and possibly ground troops entering Iranian soil for special operations). Additionally, such massive deployment will mean more exorbitant cost incurred for the Iran war. US is already facing a record fiscal deficit. Oil prices remained high at over US$100 per barrel with the latest announcement. Most economic sectors are already facing substantial increase in business cost due to high energy prices for the past year.
Will the escalation in US-Iran war be the last straw that broke the camel's back and trigger off a global recession?
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