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It looks like the market has already looked past the strait, priced it in, and is pricing in earnings for the rest of the year.
I think we will get a relief rally whenever the strait is resolved. However, I think there is a small possibility for a down day or week reaction once the strait is officially resolved. It could become the wall street buy the rumor sell the news play.
I think we will get a relief rally whenever the strait is resolved. However, I think there is a small possibility for a down day or week reaction once the strait is officially resolved. It could become the wall street buy the rumor sell the news play.
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