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.
Economy
South Africa's April Fuel Shock Arrived and the War Sent the Bill
South Africa's petrol rose R3.06/litre and diesel surged over R7/litre on April 1 — the largest fuel increase in a decade, courtesy of Iran.
Oil Spiked to $107 on the Tanker Then Fell on Trump's Exit Promise
WTI futures spiked nearly 4% toward $107 after Iran struck a tanker off Dubai, then pared gains on exit signals.
Mortgage Rates at 6.49% Turned the Spring Market Into a Ghost Town
30-year mortgage rates hit 6.49% in late March, the highest since September 2025, as purchase applications fell 11%.
WTI Crude Settles Above $100 for First Time Since 2022
WTI crude oil settled above $100 per barrel for the first time since 2022, driven by the Iran war and Strait of Hormuz disruptions.