Is the Market Starting to Look Past Iran?
The headlines change daily.
One morning, Trump signals a diplomatic breakthrough with Iran. The next, he threatens to escalate.
Tariffs are on, then off, then modified. Ceasefire terms are announced, then walked back, then quietly renegotiated.
Washington is running on improvisation. And yet — the stock market has largely stopped reacting.
Are Investors Starting to Look Past Iran?
Bloomberg ran a headline this morning: “Stock Investors Look Past Iran War Despite Shaky Ceasefire.”
On February 28th, the U.S. and Israel launched 900 airstrikes on Iran. The Supreme Leader was killed. The Strait of Hormuz shut down. Oil jumped 55%. The S&P 500 index dropped nearly 8%.
And now? Back to pre-war levels as of yesterday: