The markets have taken the approach all along that this conflict would mimic the 1990 Gulf War, which ended almost as quickly as it began. That has not turned out to be the case at all, but that hasn’

The markets have taken the approach all along that this conflict would mimic the 1990 Gulf War, which ended almost as quickly as it began. That has not turned out to be the case at all, but that hasn’t prevented bullish investors from looking past the supply chain bottleneck in the Strait. — via @TimmerFidelity

Market assumption of quick Gulf War-style conflict proved wrong, yet bullish ignore Strait bottleneck.