Morris: There’s a baseline assumption this won’t escalate too far

Daniel, what do you make of the fact that we're seeing futures uh they're higher right now, not really responding to the idea that potentially there's a break in the ceasefire. It seems like investors seem pretty confident the ceasefire will hold. I don't know if I'd say people feel terribly confident, but there is clearly a baseline assumption in all of this that even before the announcement of the ceasefire, frankly, uh a belief that this wouldn't escalate too far.uh if you looked at the reaction even whe ...