Well, in case you missed it – the Iran war is “over”. For stock markets, the Iran war being “over” has been all but priced in since Trump chickened out in early April. But this week, with the signing of the MOU, oil markets finally got the memo. And yet because oil price has been high for so long, markets have shifted from pricing in rate cuts at the start of the year, to now pricing in rate hikes. With big implications for markets. So… with all that is in play, how would I invest $1 million today? It’s been ages since I’ve done a no holds barred macro piece tying into how to invest my own portfolio. Exactly what I wanted to do today. Iran war is “over” Here are the high-level details of the MOU signed:

• Interim deal, not final settlement — this is a temporary US-Iran framework to reduce tensions, not a full peace or nuclear agreement.

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