Well, according to news sources in middle east, Iran will seemingly not go ahead with the talks, and stop their ceasefire Wednesday at 03.30 Iranian time.
”Iranian Foreign Ministry spokesman Ismail Baghay, speaking to Iranian state television IRIB attributed the reason for this to "the contradictory messages, inconsistent behavior and unacceptable actions of the American side".”
Will we continue seeing a decoupling of the market from effects of the war or, if these articles are proved to be correct, do you all think new headaches await us in the market?
Posted by itsalwaysdeniz
17 Comments
The war never truly stopped we just stopped bombing Iran there’s no chance we reach a peace agreement anytime soon.
Calls
As a perma bull I’m gettin tired of mango and his BS.
The US already extended the ceasefire. No telling if Iran agrees
This actually is probable the worst long term outcome. Market loves dumb reasons to pump and probably will, but these just leaves oil not flowing for longer. Latter half of this year into next year is going to look pretty rough.
It’s a “you cease and we fire” type agreement.
The ceasefire is extended. Iran wont engage.
I think the market, like most people, have just learned to tune out any of these “developments”. It’s all noise.
Great news buying opportunity
Trump is such a pussy. Claiming to extend the ceasefire without even consulting the Iranian side, simply to manipulate the market.
The market is already decoupled from the effects of the war. The fact it hit an all-time high amid fairly dour domestic economic numbers and the war instead of remaining at -5-15% shows that the only thing ‘priced in’ is a rapid end to the war and the strait being fully opened in the next few weeks.
Markets will probably stay decoupled until higher energy costs and inflation begin to show up in earnings calls, and tech stocks will eventually get hammered by Fed decisions (or a lack of them).
Perma bears are in crisis mode
Ceasefire extended by trump. 🌮
TACO night!
It’s just not for white people.
It helps manipulate the market as planned!
New headaches, because new headaches = insider trading opportunities for buddiez
It’s good for the market. Hostilities make market drop like 1-3% but every chance (even fake) for a potential resolution causes 3-5% gains. Can repeat this infinitely for infinite gains
Calls on drone stocks.