👀 Parece estamos con una probabilidad baja de una tercera guerra mundial The Kobeissi Letter @KobeissiLetter To all who are calling for World War 3: If there were even a 50% chance of WW3 right now, the S&P 500 wouldn’t be 2% away from a new all time high. In fact, the S&P 500 would be down over -30%, gold would be above $5,000/oz, and oil prices would be above $100/barrel. If there were a 90% chance of WW3, the S&P 500 would be down over -50%, gold above $10,000/oz, and oil prices above $200/barrel. Despite all the headlines, markets say we are far from World War 3.