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Trump’s go-to moves to influence the markets are increasingly falling flat as the Iran war drags on
As the Iran war intensifies, President Donald Trump has prioritized efforts to calm the financial markets — trying to keep oil prices from exploding upward, stocks from cratering and interest rates from surging. When the markets have flashed danger, Trump has been quick with a social media post or a remark to claim the war he launched last month could soon end. He’s publicly declared that the markets are doing better than he expected, even with the S&P 500 stock index declining over the past five weeks and the global oil benchmark up roughly 60%. “I thought oil prices were going to go up higher than they are ... (full story)
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