David Zervos: These are the two scenarios the market is pricing post the attack on Iran

Morgan, I think it's more than just a muted response. I think it's a a response that most people would think is uh much much smaller than than many would have forecast given the uh the weekend's actions. So, I think you have to sort of step back and and ask yourself a little bit about what are the scenarios the market is pricing.There's the obvious scenario that I think has been discussed here and is being discussed by many that is an escalation and risks and we're going to go down this sort of very difficu ...