Doom and Gloom From TDS-Suffferers Seems Not to Be Working

The doom and gloom crowd about the Irsn war (most notably at the Wall Street Journal) seems not to be working. The DJIA yesterday was up more than 2%: 1/2% today so far. 

It seems to me that Trump has given the Europeans some defense from Iranian IRBMs landing on their cities. Now, if only they could see their way to protecting their oil supply through the Strait of Hormuz. But they can rely on us to do all the heavy lifting while they mollify their Muslim populations.