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Commentary
As the market opened last Monday, President Trump ignited a big rally before the stock market opening when he said on Truth Social that there were “productive conversations regarding a complete and total resolution of hostilities in the Middle East.” He also said the talks with Tehran would continue “throughout” last week and were described as “in-depth, detailed and constructive.”
Unfortunately, the market fell sharply after a hopeful Monday rise, and the major market indexes are now down over 7% for the month of March (as of Friday’s close), but April is usually a strong market month.
As if to contradict the President’s optimistic message, Iran’s state news agency, Tasnim, quoted an unnamed senior security official saying there were “no negotiations” with the U.S. last week, and it even appears the “top” person in any of these talks is not the new Supreme Leader, who may not even be alive….
As the market opened last Monday, President Trump ignited a big rally before the stock market opening when he said on Truth Social that there were “productive conversations regarding a complete and total resolution of hostilities in the Middle East.” He also said the talks with Tehran would continue “throughout” last week and were described as “in-depth, detailed and constructive.”
Unfortunately, the market fell sharply after a hopeful Monday rise, and the major market indexes are now down over 7% for the month of March (as of Friday’s close), but April is usually a strong market month.
As if to contradict the President’s optimistic message, Iran’s state news agency, Tasnim, quoted an unnamed senior security official saying there were “no negotiations” with the U.S. last week, and it even appears the “top” person in any of these talks is not the new Supreme Leader, who may not even be alive….
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