As the US-Iran war goes into its 6th week of fighting, we have to be mentally prepared for a worsening of the situation, not unless US stick to its peaceful retreat and not execute another foolish stunt. While the world wait for US to exhibit proof of sincerity, it marches on as it is “business as usual”. Is it really so, when everyone is sucked into this black hole - willingly or otherwise ? Below was US reports released for the week ending 02 Apr 2026. This will be a “last” look at the US economy before quarterly earnings season “takeover”. 31 Mar 2026 - Jobs opening & labour turnover surveys (February). 31 Mar 2026 - US Consumer confidence (March). 01 Apr 2026 - ADP non-farm payroll (March). 01 Apr 2026 - US Retail sales (February). 02 Apr 2026 - Jobless claims - weekly & contin

There is a Chinese saying - yue miao yue hei (see above) when translated literally it means “the more you try to explain or touch up a matter, the darker it becomes". Actual meaning suggests - attempting to justify a mistake only makes it more obvious or creates further misunderstanding, similar to "making matters worse" or a cover-up. That was exactly when transpired on 01 April 2026 at 9pm ET (or 02 Apr 2026, 9am Singapore time) when Trump addressed US citizens about Iran invasion. Evening Address - Overall. Instead of providing clear answers, Trump’s speech made investors more worried about the risks of war, causing markets to drop in response. As of 02 Apr 2026 - 5pm Singapore time Oil spiked, Asian equities fell, and US futures for the S&P 500, Dow, and Nasdaq all turned lower as