Headache, yesterday Trump's behavior was quite confusing, and today it is even more puzzling. On one hand, he says that Iran is no longer capable and is seeking peace, conveniently gifting Trump a big present that allows ten ships to pass through the Strait of Hormuz. However, after making this statement, he was promptly slapped in the face by the entire internet, as it seems there haven't been ten ships passing, including those suspected of being paid, in the last 24 hours. I estimate that Trump meant these ten ships would be on an installment plan.
Additionally, Iran not only appears to have no intention of seeking peace, but also expresses a very strong intention to retain its nuclear weapons. The days ahead are going to be tough. Trump has stated twice that Iran wants to negotiate, and he even TACO'd once. Now, with Iran being so tough, the market has lost all trust. Therefore, even if Trump says something good today, the market has directly dropped, with the Nasdaq down 2%.
The price of US oil has directly surpassed 95 dollars, which shows the market's blatant distrust. Moreover, the most amusing part is that Putin, who has always been regarded by Trump as a "brother," is suspected of supporting Iran's military actions, which are still aimed at the United States. It seems that Trump and the Republican Party are going to be in trouble.
Looking at the data on Bitcoin, today's turnover rate has surged significantly. I estimate that this is mainly due to distrust in Trump. Previously, investors would believe that negotiation was possible, but now it feels like there is no short-term possibility for talks. If Iran escalates its actions, it might engage in even more extreme behavior, and at that time, oil prices are likely to become more troublesome.
Since Trump took office, it feels like he has been leading the market by the nose. Tariffs have caused market fluctuations, the independence of the Federal Reserve has raised doubts, and so far, we haven’t seen much support for cryptocurrencies. The drop in oil and electricity prices has backfired. Now, he is actively trying to strike against Iran; it's tough to handle.
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