The Market Rallied Because It Believed Whichever Trump Statement Came Last
The Dow gained 1,125 points on 'leave in 2-3 weeks' — the same market that rallied on each of the six prior contradictory war aims.
The news. The narrative. The timeline.
Bureau: Brussels
The Dow gained 1,125 points on 'leave in 2-3 weeks' — the same market that rallied on each of the six prior contradictory war aims.
30-year mortgage rates hit 6.49% in late March, the highest since September 2025, as purchase applications fell 11%.
WTI crude oil settled above $100 per barrel for the first time since 2022, driven by the Iran war and Strait of Hormuz disruptions.
The US national average for regular gasoline hit $4.02 per gallon on Tuesday, more than a dollar higher than before the Iran war began.
The Trump administration is pushing Gulf Arab states to help cover the $35 billion cost of the Iran war, echoing the cost-sharing model from the 1991 Gulf War.