Chinese markets improved today after Beijing's finance minister teased a Saturday briefing on potential economic measures. That's helped to boost global growth trades including oil but if you look around markets, the other things correlated to growth aren't nearly a strong as oil. Brent crude is up $3 to $79.60 in a strong rebound after two days of selling.That leads me to believe the market is focusing on the Middle East and the potential for Israeli strikes in Iran today before shabat starts on Friday. Yesterday Biden and Netanyahu held a phone call and today Israel's security council met.My strong suspicion is that the reality of the strikes won't rise to the level of the fears as many of
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