Just one man's opinion....
Keep in mind the markets final 2003 bottom coincided with the war in Iraq.
Whether a short term brokered peace is achieved in Lebanon or not (and it will be), the markets anxiety over Iran will be heightened rather than soothed. Iran/Syria as the agent of settlement will only enhance Iran's chances of entering the nuclear age. Iran will now reinvent (sell) themselves as peacekeepers in the Mid East. Market's will not be amused.
Keep in mind the markets final 2003 bottom coincided with the war in Iraq.
Whether a short term brokered peace is achieved in Lebanon or not (and it will be), the markets anxiety over Iran will be heightened rather than soothed. Iran/Syria as the agent of settlement will only enhance Iran's chances of entering the nuclear age. Iran will now reinvent (sell) themselves as peacekeepers in the Mid East. Market's will not be amused.