Recently Mike Huckabee said it was ecomonic terrorism. He said that there was a flurry of activity in the last minutes of trading coming from the middle east.
Haven’t heard anything more about this theory. Seems it could be plausible to me.
It wouldn’t take a genius to know that if US stocks fell the demand for oil would fall with it.
So oil-producing nations would naturally have a short position in our markets to offset that- it’s just a good and typical business practise.
The interesting thing is that there’s nothing anyone can do with money they make shorting our market (except using it as cash for expenses). Without us there are no markets LOL!
Interest rates will be very low as that money comes back to us- driving an improvement in our economy and then the world’s.