Why Iran is no Venezuela

New Middle East war tests green energy’s resilience

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Green energy stocks including GE Vernova (GEV) and Next Era Energy (NEE) rebounded, along with the broader market, early Monday.

There is a reason President Donald Trump waited until the weekend to start his latest bombing campaign, just as did with the snatch-and-grab attack in Venezuela two months ago — the markets.

Investors react much better to sudden hostilities when they have a few days to digest them, and markets followed a predictable pattern Monday. Oil prices surged and stocks fell, except for oil and energy stocks, which make money when prices rise. As the trading day wore on, even broader stocks rebounded as the market adjusted to the new reality.

But the time-honored practice of gaming the markets with weekend news typically is only good for one day, if that. Initial relief that the bombings took out Iran’s Supreme Leader has already begun to give way to fears the Iranian regime is still in place, and fighting for survival.