Congratulations to @ElonMusk on becoming the world's first trillionaire! A reminder that no matter where you started, immigrant or not, America is truly the country that with hard work, brilliance and some luck, your dreams can come true. Last wk, oil dropped 6% to $85 with 2 yr bond yields down 7 bps. Clearly there is optimism on a deal with Iran finally being reached after dozens of posts since the war began saying a deal is close. As I have said for a long-time, upcoming mid-terms combined with horrible polling numbers is a powerful motivator for the US administration to extricate us from this war. This drove S&P/Nasdaq +0.6%/0.7% last week. Also the market did go up 0.3% on Friday, absorbing the $75B in IPO supply from the $SPCX IPO which was encouraging. The Russell confirmed this
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