@TedPillows Market is reacting too strongly to Iran situation and this agreement is going to implode. Trump pump is going to end in Trump dump.
I miss markets where fundamentals primarily drove performance.
Were both #UFC fights rigged so Trump has more time to yammer?
What a sad display all around.
Nothing patriotic about America’s 250th at the White House tonight.
Embarrassing. Sad. Hard to explain to my kids.
Hopes and dreams lost.
Oil is down 4% after US-Iran deal, it means lower inflation and lower probability of rate hikes 5 months before midterms.
The text of the agreement has not yet been published, but Iran and the US are already interpreting it differently. Iran claims that it will continue to control the Strait of Hormuz alongside Oman.
Meanwhile, the next 60 days will be dedicated to lifting sanctions.
Trump ended the war with the exact same result as Obama. The nuclear weapon problem remains unresolved, and from the outside, it looked as though the US needed the deal more than Iran did. When there are no elections on the horizon, there is no need to rush.
Trump twisted Israel's arm after the strikes on Beirut, which, frankly, I don't ever recall happening before.
Overall, this can be considered a letter of intent, and Tehran is describing it as a US capitulation. Everything has returned to the status quo ante bellum.
To claim victory, the US will deploy diplomacy to increase the number of Arab nations establishing diplomatic relations with Israel.
In Tel Aviv, the consequences will be as follows: scaling up their own military base and increasing defense spending. Broadly speaking, Israel had no choice anyway. And the war itself, for all intents and purposes, has simply been put on pause.
There is something poetic about giving the UFC complete access to the White House grounds to host a for-profit sporting event, to benefit from paid sponsorship and advertising opportunities, for the American people to celebrate the nation's birthday, funded with their tax dollars, only to charge them $8.99 to watch it, exclusively on Larry Ellison's Paramount+
Following intensive talks, we are pleased to announce that the Peace Deal between the United States of America and Islamic Republic of Iran has been REACHED. Both sides have declared the immediate and permanent termination of military operations on all fronts, including in Lebanon.
The official signing ceremony will be on Friday, 19 June in Switzerland.
We would like to thank the United States of America and the Islamic Republic of Iran for their commitment to finding a diplomatic solution to the conflict. We would also like to extend our sincere appreciation to our brothers in this mediation effort, the great leadership of State of Qatar, for their support in reaching this agreement. I would also especially thank the visionary leadership of Kingdom of Saudi Arabia and Republic of Türkiye for their immense contributions in this regard.
With the agreement now in place, mediators will facilitate a series of meetings this week. These pre-implementation discussions will lay the foundation for the technical talks and the official signing ceremony.
@realDonaldTrump@JDVance@SecRubio@SteveWitkoff@SEPeaceMissions@drpezeshkian@mb_ghalibaf@araghchi
People seem confused about a peace deal with Iran so I’m going to tell you what’s going to happen.
Trump will claim he signed one today and that the war is over and it’s glorious.
What’s really going to happen:
A tentative agreement will be signed to reopen the straight - likely later this week.
Israel will continue to bomb Hezbollah in Lebanon and Iran will continue to retaliate. Likely by closing the straight.
Repeat for the next five years