What are everyone’s predictions to how we’ll see the market reacting after Trump makes his war announcement tonight? I’m far from an expert, but my best guess is that we’ll see one of two things:
(1) He announces a ground invasion – probably Kharg Island. Most stocks lose value, while defense and energy company shares hold steady or increase.
(2) He announces victory and talks about the ballroom for 20 minutes. Markets rebound, except for defense and energy.
Curious what you guys think.
Market Response to Trump’s big War Announcement
byu/StewTrue ininvesting
Posted by StewTrue
10 Comments
Might go up. Might go down. Might trade sideways.
War announcement? I thought yesterday he said we’re pulling out and last week that everything is a formality. I know it’s not the first time he’s lied about pulling out but cmon.
Not even worth trying to predict it tbh
Markets only go up, haven’t you heard
Thursday before a holiday weekend is almost guaranteed to be red no matter what he says. A lot of people made good money on the pump yesterday and today.
Lies that’s all. He’ll lie and tell us that we’re going full on war. Or aliens are here to invade your butthole
3) He announces the war will be over in 2 weeks like he’s been doing for the past month.
Negligible. People already realized the TACO, it may go up, it might go down, but nothing meaningful to matter.
Probably closer to #2 (no pun intended), with the compulsatory swipe at Biden or past administrations.
Trump does not want to continue the war in Iran going into the midterms. He’s probably already realized what a massive mistake it was (although he’d never say that)