Japan’s Nikkei retreats as ceasefire optimism fades. I expect to see similar moves on the S&P500, Dow and NASDAQ tomorrow.
The market is realizing that very poorly written deal will not hold water for long.
This is how badly Trump wanted out of this quagmire. My understanding is that the US created the message for Pakistan to officially send back to the US, where Pakistan asks the US to pause the destruction of Iran, and seek a two week ceasefire and negotiation.
This allowed Trump to back down on his end of civilization threat. Problem is he didn’t tell Israel, or the Gulf states.
It’s the same with all the “negotiations” that Trump kept mentioning. He made stuff up like, “Iran is begging me for a deal”, “we are having intense negotiations right now”. And Iran didn’t know what he was talking about. But at least they decided to draft a 10 point plan in case negotiations ever began. It was probably a text message. No official document.
And lo and behold, Trump was so desperate, he "agreed" to all their demands, but can't get Israel on board.
The Strait is now closed again and what options Trump has? Not many, I reckon.
The "Deal" with Iran was all smoke and mirrors
byu/cambeiu inStockMarket
Posted by cambeiu
20 Comments
I thought it was obvious it wouldnt work lol just a deadcat bounce for market
Crap article. It’s down half a percent after rocketing up a day ago.
Who would have thought that trump would lie.
Art of the deal brother
No 💩
The market that holds up Tesla and Bitcoin can’t be trusted to react in a sane manner.
Well this is wrong because the straight was open for a bit, and ships passed. Israel did not abide by the imposed ceasefire and here we are. So there had to be some kind of agreement.
Yup 👍
It’s barely down. I don’t think Trump wants back in.
Remember the secret gift they gave him?
It’s all so engaging
It’s obvious Trump didn’t even read the conditions for a ceasefire
Does that mean he’s going to end a civilization?
Wednesday was market manipulation
Money managers looking for dumb retail investors to buy high in a declining market
Eventually fundamentals and macro conditions prevail
Japan pumped 5.3% yesterday and is now down 0.5%. Relax
Quiet Piggy
Retreat is a strong word. Was up 4.5% now down 1.5%
Believe it or not, call
If what you said was true, i.e. Trump wanted out, then the market rally is justified. It is only a problem if Trump jumped back in.
Even Iran has come out with a Lego parody video re market manipulation.
0.4% retret? Are u seriois?