⚠️ Trump blinks (which is a good thing):
(This could also be market manipulation, coming as it does immediately before the opening of the NYSE.)
Iran denies communication.
(No reason to take this denial or Trump’s statement at face value. Both Iran and the US are engaged in psychological as much as kinetic warfare.)
RE: https://bsky.app/profile/did:plc:43fdk46qa5gsokzygzildsaq/post/3mhpyoasqe52wOil futures down, stock futures up in immediate response to Trump’s statement.
It’s astonishing how eager the markets are to believe him.
And it’s notable Trump punted for five days, which is exactly when the markets will close again.
Pretty clear what’s happening here—people are making a lot of money off of these wild swings: