Source from CNBC

    Addressing Treasury Secretary Scott Bessent, the president said oil prices “have not gone up as much as I thought, Scott, to be honest with you. It’s all going to come back down to where it was and probably lower.”

    Trump has said the economic damage will reverse once the war ends.

    “My predictions have been right,” he said.

    Trump says oil and stock market reaction to Iran conflict not as severe as he expected
    byu/SecretComposer instocks



    Posted by SecretComposer

    40 Comments

    1. He’s right. The market is somewhat pricing in the expectation that Trump has no tolerance for pain and will try to TACO soon. If the strait is blocked for a few more weeks it’s not surprising at all for oil to hit 200+

    2. Pineapple_King on

      “Its just a mild cold, nothing to worry about, it will go away on its own, you will see!”-part 2

    3. OmahaWarrior on

      Yeah, he doesn’t have to ever worry about the skyrocketing gas, food, and utility prices that we will pay due to his incompetence.

    4. itsatumbleweed on

      *Yet*

      Also lmao at oil being up $40 per barrel since the start of the war being talked about like it’s not a large response (and that’s before things have really started to be fully affected). I think people, POTUS included, are used to the immediate effect to be the total effect.

    5. No_Nefariousness5996 on

      He doesn’t understand that the market is pricing in his manipulation. But what is also being priced into the bond market, is the instability of the US and its aggression.

    6. trulystupidinvestor on

      I wonder if he’s just saying the quiet part his advisors are telling him out loud.

    7. Dry_Environment_9631 on

      The market’s reaction reflects how investors price in geopolitical risk. When prices don’t spike as expected, it often suggests that supply disruptions were already anticipated or that the market sees the conflict as contained, leading to more stable price behavior.

    8. Trump is such a nasty dude. He just fake pumps the market every other week and it will buy him weeks worth of time

    9. Soberdonkey69 on

      Can’t wait for more businesses to raise prices because of “inflation” and then never lowering again whilst the jobs market erodes every day.

    10. Imaginary-Lake28 on

      Just impeach the moron already.
      For all the bark about the 2025 project, all he delivered is just another middle east war and stock market crash. What a ‘radical’. I can find better radicals in my bathroom

    11. newtoallofthis2 on

      “Not as bad as I thought” and “My predictions have been right”

      I’m so tired. So very, very tired.

    12. We’ll see severe if we keep electing these people. 

      Why don’t people understand that electing people who want to change our system of government are killing the goose that lays the golden egg?  

      You can take a $1000 and invest it in the stock market in the US and it grows like a weed. That’s going away. They are killing that market. If we stay on this course it will limp, it will crawl, it become a mini market, a deadend. They want to privatize and get their grubby hands on everything, anyway. A despot can turn the markets into a wgeel that spins for a few but no one else anymore. Stop voting for these people 

    13. This war is not going to end as long as Trump is in office. No country is dumb enough to believe anything he says, he is 100% untrustworthy

    14. Hot-Service-568 on

      Be Hase it’s just idiot retails like be buying OIL.

      But this idiot things that idiot gonna fuck it up more and Long enough that the non idiot gonna start buying with their non-idiot Dollars

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