Comments by US secretary of state Mike Pompeo
- US has known about Iran nuclear material obtained by Israel for a while
- Iran documents are authentic
- Iran's Amad nuclear program is known, but there are "thousands of new documents" and new information found
- New information will spell out scope and scale of the Amad program
- It will make clear the Iranians lied to their own people
- Documents will "belie any notion that there wasn't a program like this"
- Information on Iran is still only "scratching the surface"
- It is now evident Iran continued to store material for some purpose and kept documents for a reason
In line with what the White House commented earlier in the day here, but with more details.
I don't believe the market is going to rank this among the major geopolitical tensions that we have seen so far this year (North Korea and US-China). If anything, I expect moves in oil and a limited move in bonds.
But you can't fully rule out how much things can be blown over proportion when it comes to politics. Either way, works out all the better. Just remember, "buy value, sell hysteria".
