Tuesday morning, President Trump posted a couple of videos of massive explosions (supposedly in Iran) and a couple of texts on TruthSocial.
All of those countries that can’t get jet fuel because of the Strait of Hormuz, like the United Kingdom, which refused to get involved in the decapitation of Iran, I have a suggestion for you: Number 1, buy from the U.S., we have plenty, and Number 2, build up some delayed courage, go to the Strait, and just TAKE IT. You’ll have to start learning how to fight for yourself, the U.S.A. won’t be there to help you anymore, just like you weren’t there for us. Iran has been, essentially, decimated. The hard part is done. Go get your own oil! President DJT
Big day in Iran. Many long sought after targets have been taken out and destroyed by our GREAT MILITARY, the finest and most lethal in the World. God bless you all! President DJT
Wall Street is seemingly interpreting Trump's posts as an indication that the president is not completely insane, and that he sees the need to exit the fight against Iran as essential to his political future. One specific passage - "the U.S.A. won’t be there to help you anymore" - tells the whole story. President TACO is backing away from the conflict, touting some mythical negotiations that are largely taking place only in the president's mind.
Centcom got on board with a press conference by Secretary of Defense Pete Hegseth and Centcom Commander Brad Cooper, the tone of which was dramatically less belligerent and chest-thumping than previous announcements and public disclosures. As usual, the military was long on rhetoric and short on details, claiming that "most" of their objectives have been achieved and that it was time for the countries that actually depend on oil and natural gas flowing through the Strait of Hormuz to step up and get it re-opened.
All of this happened after Iran struck a fully-loaded Kuwaiti oil tanker in a Dubai port after the U.S. hit the Iranian city of Isfahan, one of the supposed sites holding Iran's stockpile of enriched uranium. The fog of war everyday getting foggier, there's a good chance the U.S. has no idea where Iran's enriched uranium is located, as well as the strike on the fully-loaded tanker being a poorly-conceived false flag carried out by the U.S. or Israel, blaming "the vile, blood-thirsty goat herders" in Iran.
It wouldn't make sense for Iran to strike a tanker far removed from the exit at the Strait while at the same time allowing 20 similarly fully loaded Pakistani tankers free passage. Trump announced the move only yesterday, taking credit for the event by suggesting that the partial opening of the strait was somehow a tribute to the United States and a show of respect by Iran.
Thus, today's strategy of withdrawal has markets keyed up for a big show of positivity. The Trump family, Howard Lutnick and his pals and other insiders are certain to profit from the latest episode of "play the market." The only good that may come of this is that the U.S. may be reconsidering any kind of land invasion, after seeing two of its aircraft carriers - the USS Lincoln and Ford - struck by Iranian missiles, 13 military bases destroyed, the U.S. and other large equity markets buckling, treasury yields spiking along with the price of oil and gas, and Trump's popularity plunging.
It's all politically motivated and the trend for tRepublicans in power is moving in the wrong direction. Pretty ridiculous, having achieved nothing other than making Iran hate the U.S. even more and half of Israel blown to smithereens.
With U.S. markets doe to open within minutes, Dow futures are up 515 points, NASDAQ futures are ahead by 265, and S&P futures are sporting a gain of 75 points.
Happy days? Well, at least a happy morning. After all, it is the last day of the Month and the 1st quarter, markets ripe for some positive window dressing on TACO TUESDAY.
At the Close, Monday, March 30, 2026:
Dow: 45,216.14, +49.50 (+0.11%)
NASDAQ: 20,794.64, -153.72 (-0.73%)
S&P 500: 6,343.72, -25.13 (-0.39%)
NYSE Composite: 21,581.65, -50.84 (-0.24%)
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