Sigma Signals

Week of September 23, 2024

Exploding Hezbollah terrorists pagers and walkie-talkie’s could be a “game-changer” in the cauldron that is the Middle East, one of our Signals. Arguably, the intelligence advantage apparently inuring to Israel – and promoting paranoia in Lebanon – might actually result in some type of angry truce. One cannot ignore that this assault required and relied upon the angry citizens of the host country to Hezbollah, Lebanon. Are the disaffected citizenry of Iran and Hamas next to turn on their oppressors? Our Signals remain unchanged.

Bob Bilkie, CFA