TACO President Trump and Iran - Update

BBC News: Reports "  US President Donald Trump has said he is holding off a military attack on Iran planned for Tuesday at the request of Gulf states as "serious negotiations are now taking place". "

Let's Get Real:

No wonder the Money Markets call TRUMP a TACO President, Trump Always Chickens Out, he has made threats to Iran before but always chickens out.  A strong POTUS always follows through, Trump never does.  Tehran can play this game till the crows come home.  The President has placed the US military on a hair trigger to attack Iran, he will never do it, he is desperate to get out of the WAR before the Mid Terms in November.  Trump the chicken should be his new nickname.

The cost to the UK of the US - Iran War - Update

BBC News: Reports in its 6.03pm the following, " Government bond markets have all fallen since the start of the US-Israeli war with Iran, meaning the effective cost of borrowing for governments has shot up. " 

Let's Get Real:

This is bad for Government funding, that means the government can spend less on Defence, and other government priorities.  The shock from the closure of the Strait of Hormuz has not really hit the UK yet, it will, the PM has warned inflation is coming, and the War is not finished as yet, it could days, weeks even months. Start saving those pennies.