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Trump says hasn’t decided on major Iran strikes, Tehran getting ‘serious’ in talks

military_conflictMiddle EastThe Times of Israel24 Jul, 23:55 UTC

Context

Trump says hasn’t decided on major Iran strikes, Tehran getting ‘serious’ in talks  The Times of Israel Crude oil prices shoot up after Red Sea joins Strait of Hormuz as Iran war's second choke point  Fox News Trump Meets With Top Advisers as He Weighs a Major Escalation in Iran  The New York Times As signals of a ‘massive’ US attack mount, experts skeptical it will break Iran  The Hill Trump Is Losing Patience Over an Iran War With No Clear End in Sight  WSJ

What it means

No call: the only market channels here were low-conviction — below our selectivity bar, where the track record shows no reliable edge.

Causal chain

No clear market signal

How to read a signal
Severity
the event's market impact, 1–5
Direction
/ likely price move for the asset
Exp. move
the size of the abnormal move we'd expect if the call plays out — not a claim a move will happen:
Ssmall<1%
Mmoderate1–5%
Llarge>5%
Most flagged events don't move beyond noise; those count against us (see the track record).
Timeframe
the window we measure over:
1dshort
5dmedium
21dlong
Conviction
how well-established the directional call is (textbook → speculative) — not a guaranteed outcome:
low
average
strong

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Not investment advice · for informational purposes only. Generated 25 Jul, 19:53 UTC