Economics Updated 2026-04-13

Trump: Market Manipulator Supreme. A Volatility Study on Trump's Effect on the Stock Market while in Office(2018–2026)

A chronological look at the biggest SPY swings linked to Trump’s tariffs, trade-war rhetoric, Fed attacks, social posts, and geopolitical headlines.

Yes, I know everyone knows Trump does this, it might be helpful to see the most extreme movements laid out with sources.

tl;dr trump is really good at manipulating markets, has been doing it since his first term, has likely enriched many insiders savvy enough to take advantage of the volatility he creates and will probably continue to do it. you should probably be watching his truth social if you are a day trader

This is an investigation of the most volatile stock market days during Trump’s tenure in office up to the present day. The recent events in Iran and Trump’s constant lies about a ceasefire with Iran (and the effect it had on moving the market every day) motivated me to take a closer look at the man’s track record in the market, suffice it to say, it's way worse than I thought. Not every day in this list is directly attributable to him, but way more are than they should be. For the sake of keeping a reasonable sample size, only the most volatile (+2% or -2%) movements on the SPY are being tracked. I don’t doubt for a moment that Trump has made many smaller market movements and if you have any research or desire to research such a topic please reach out.

In summary, Trump is easily the most mentioned President in any series of stock market news articles in history, with him either being directly or indirectly responsible for a vast majority of the volatile days during his time in office. I can confidently say that Bush, Obama, and Biden, were not nearly as involved in the volatility of their times, as for the Presidents from earlier eras, I can’t speak to it with confidence. Given that Trump can destabilize markets with a single tap of his screen, I doubt that any can be worse than him. Many of these days were caused just by a single post that he made and if it wasn’t related to his Twitter or Truth Social account, it was probably some comment he made.

2018

February: Feb 2nd (-2.12%)

Trump’s first full year in office passed without any serious volatility. What investors did not realize was things were only just about to begin sliding up, down, and out of control for the rest of the presidency. On 2/2 news that was good for the average American was bad for Wallstreet came out: a good jobs report that was translating into rising wages for American workers, though the gut reaction to this news was fears about rising inflation (rate hikes). Concerns over cheap global central bank money going away seems to have been even more pressing and the pace was expected to accelerate alongside the jobs report.

March: Mar 22nd (-2.51%), Mar 23rd (-2.10%), Mar 26th (+2.72%)

3/22 opened with renewed worries about a trade war. The Trump administration unveiled tariffs intended to punish China for intellectual property theft, in addition to tariffs on aluminium and steel imports just the month before. Tech stocks were also selling off, in light of the Cambridge Analytica leak from Facebook. Facebook CEO Mark Zuckerberg broke his silence over the news, telling CNN it had been “a major breach of trust, and I’m really sorry that this happened.” Selling continued on 3/23, mostly in the fallout of the tariff news from the day before. 3/23 was also a Friday, so stress about what would happen going into the weekend also played its part. China also threatened to issue tariffs on U.S. 128 products, should negotiations with the US fail to be reached, as well as threatening legal action through the World Trade Organization (this seems to have gone nowhere). That same morning, before market open, Trump threatened to veto the $1.5 trillion omnibus spending bill on Twitter: “am considering a VETO of the Omnibus Spending Bill based on the fact that the 800,000 plus DACA recipients have been totally abandoned by the Democrats (not even mentioned in Bill) and the BORDER WALL, which is desperately needed for our National Defense, is not fully funded.” Later that SAME day, Trump signed the bill, commenting “I will never sign a bill like this again. As a matter of national security, I’ve signed this omnibus bill.”. Markets bounced towards close based on this change of plans.

In an attempt to slow down an impending trade war, on 3/26, both China and the US went into negotiations. China agreed to buy more semiconductors from the U.S., in order to cut the trade surplus, shooting up shares of both Intel & Qualcomm and ease American access into Chinese markets. Most investors were under the impression that the tit for tat tariff schemes were not intended to last forever and were a means of leverage for negotiations. At this stage, it was really just talks, but at least investors were relieved things would not escalate into a full out war.

April: Apr 2nd(-2.23%), Apr 6th (-2.19%)

4/2 was one of the first substantial instances of Trump using social media for economic warfare: a significant factor in the market slump was due to a tweet directed towards Amazon. The contents of the tweet are as follows: Only fools, or worse, are saying that our money losing Post Office makes money with Amazon. THEY LOSE A FORTUNE, and this will be changed. Also, our fully tax paying retailers are closing stores all over the country...not a level playing field! This tweet was made about an hour before markets opened. Amazon’s stock dropped 5.2% in its wake. This was not the only factor in the day's drop, China issued import duties on pork and fruit coming from the United States, sending Tyson down over 6%, and Intel also dropped 6% following news that Apple was planning on discontinuing the use of Intel chips in its computers. It's worth mentioning that rate hike concerns were also brewing.

4/6 saw Trump returning to Twitter, this time against China, complaining: “China, which is a great economic power, is considered a Developing Nation within the World Trade Organization. They therefore get tremendous perks and advantages, especially over the U.S. Does anybody think this is fair. We were badly represented. The WTO is unfair to U.S.” He also threatened to triple the amount of Chinese goods that will be subject to new tariffs, which could potentially amount to $100 billion, though that was done through official channels. There appears to have been a constant back and forth in government statements and tweets, jumping from conciliatory to aggressive over the course of the previous week. Making matters worse was a March jobs report that added 103,000 jobs, a weaker turnout than in the months before.

October: Oct 10th (-3.28%), Oct 11th (-2.06%), Oct 16th(+2.15%), Oct 24th (-3.09%)

Rate hikes had finally begun with 10/10 being the worst of a 5 day consecutive loss streak. Inflation was on the rise and concerns that the Fed was planning to tighten monetary policy triggered another wave of selling. Tech companies were hurt the most, with Trump’s trade conflict with China being cited as one of the blames, mostly due to tech that relies on China for manufacturing. It didn’t help that the trade conflict was unresolved, and whereas some form of agreement was made with other nations, China remained unsettled. An interesting series of quotes was attributed to Trump that day, with the last one being the most interesting.“The Fed is making a mistake,” he said when asked by reporters about the market drop, shortly after landing in Erie, Pa., before a campaign rally. “I think the Fed has gone crazy.” He described the recent selling as “a correction that we’ve been waiting for, for a long time.” Not sure who “we” is. That same day, the Treasury Department issued new rules that made it easier to block foreign investments in technology companies on national security grounds, which was primarily aimed at stopping China from gaining access to American technology. The selling continued the following day, 10/11. By and large, markets fell for the same reason they had the day before. Asian markets dropped considerably before American ones opened at least 4% or more across the board. The only other news being that the Department of Energy would tighten controls on Chinese imports of civil nuclear technology and the Fed said it would continue to increase interest rates and tighten its balance sheet, despite receiving criticism from Trump about it.

10/16’s reversal was mostly attributable to both Morgan Stanley and Goldman Sachs reporting earnings that topped Wallstreet’s expectations. In addition to this, U.S. industrial production rose month over month and a sentiment survey of Home Builders indicated a small uptick. In light of the recent selling leading up to that day, it didn’t take much good news to bring buyers back. By 10/24, another sell-off was triggered due to multiple tech companies missing earnings. ATT dropped 8% after missing earnings and Netflix dropped over 9% after valuation concerns began to set in. New home sales dropped to a two year low following interest rate hikes, and there seems to have been ongoing concern over a spending conflict in Europe between the EU and Italy, as well as criticism towards Saudi Arabia over the killing of Khashoggi. 100 S&P companies were due to announce earnings that week and it seems that the bearish atmosphere of October seems to have spooked investors rather than inspired confidence. Despite the attitude, from the companies that had reported, 80% of them had beaten expectations.

November: Nov 7th (+2.12%)

“With the conclusion of this year’s midterm elections, the cloud of uncertainty has been lifted, allowing stocks to resume their recovery from the October sell-off,” said Sam Stovall, chief of U.S. equity strategy at CFRA. With the outcome of midterms crystallized (Democrats take over house and Republicans keep Senate) markets seemed comfortable buying. Why exactly a divided political system triggered a rise in stock prices is difficult to say, especially since the referenced article mentions multiple times that political stagnation was expected, with one interviewee, Michael Farr, commenting: He expects that House Democrats will not be friendly to the financial sector. “Waters as new chair of the House Financial Services Committee is no friend to Wall Street,” Farr said. “Those companies will have to watch their backs.” The only silver lining was that both parties were willing to collaborate on infrastructure. Perhaps the uncertainty behind the midterm elections was the only reason the market went up after they were concluded.

December: Dec 4th (-3.24%), Dec 7th (-2.33%), Dec 17th (-2.08%), Dec 21st (-2.06%), Dec 24th (-2.71%), Dec 26th (+4.96%)

The drop on 12/4 was primarily attributed to a “bond market phenomenon”, specifically, a yield curve inversion was close at hand, following the yield of a three year Treasury note surpassing the value of its five year note counterpart. Since the two year yield had not surpassed the ten year, many investors were not completely scared off. Stocks hit their daily lows after the CEO of Doubeline Capital, Jeffrey Gundlach, commented that the inversion signalled an economy poised to weaken. China and the US had not ended their trading spat, with negotiations still ongoing. Trump made an interesting tweet that day, which probably did not help markets, commenting “President Xi and I want this deal to happen, and it probably will. But if not remember,...... I am a Tariff Man.” By 12/7 2018’s gains had been wiped out. A key contributor was a weaker than expected jobs report, where Wall Street expected a gain of 198,000 jobs, only 155,000 were added. Federal prosecutors were also expected to bring charges against Chinese hackers who were trying to break into technology service providers, another negative headline that did little to increase optimism about the ongoing trade negotiations. Just the day before, Huawei’s CFO had been arrested in conjunction with this investigation.

12/17 brought markets to a new 2018 low. Continued anxiety about the Federal Reserve’s upcoming interest rate meeting later that week played the largest role in bringing markets down that day. The Empire State manufacturing index fell substantially, alongside a survey of American homebuilders, who were certain all but certain mortgage rate increases would hurt home sales. The uncertainty of how much rates would go up was the big question. Trump took to Twitter encouraging the Fed not to increase rates, but this does not seem to have affected markets. 12/21 topped off the worst market week since 2008. Two days prior, the Fed brought rates up, which continued the sell off that started on 12/17. The rate hike was small, only .25%, but Jerome Powell’s commitment to shrinking the balance sheet seems to have been what really spooked investors. An active government shutdown was seemingly nowhere near ending and Trump’s tweets seem to have made matters worse, commenting: ”....... If the Dems vote no, there will be a shutdown that will last for a very long time. People don’t want Open Borders and Crime!” To make matters even worse, Peter Navarro, Trump’s trade advisor, commented that it would be difficult for the two countries to come to a permanent economic agreement before the 90-day ceasefire expires.

12/24 did not come with Christmas spirit, in fact, it was the worst Christmas Eve ever recorded. This marks one of the recorded instances of Trump attempting to remove Jerome Powell from office. Markets opened down after a comment from Treasury Secretary Mnuchin stated he had checked the health of the country’s largest banks, but he was assured by bank executives that liquidity was ample and by late morning, markets recovered. Trump, however, dropped a Twitter nuke, sending markets to new lows:“The only problem our economy has is the Fed. They don’t have a feel for the Market, they don’t understand necessary Trade Wars or Strong Dollars or even Democrat Shutdowns over Borders. The Fed is like a powerful golfer who can’t score because he has no touch - he can’t putt!” Many of the aforementioned factors contributing to December’s volatility had still not been resolved and markets were still headline sensitive. The CNN article closes with an interesting comment: Still, some market veterans argue that a panicky Wall Street is prematurely pricing in a recession that may not hit until 2020. 12/26 came with an actual, one day late, Christmas miracle. The Dow logged its largest single day gain in history. The primary catalyst for the gains was a report released by Mastercard’s SpendingPulse, which showed that retailers had their best holiday season in six years. Amazon jumped 9% alone, after claiming it had sold a record number of items as well. Crude oil jumped 8%, sending oil producers up by a huge margin; energy and retail stocks were the primary beneficiaries of the day. The sheer size of the move was almost certainly helped by the sell offs throughout the month that brought both bargain hunters and an opportunity for a short squeeze.

2019

January: Jan 3rd (-2.47%), Jan 4th(+3.43%)

Tech stocks led the decline on 1/3, primarily due to a rapid slowdown of iPhone sales in China. This affirmed fears that China’s manufacturing and consumer sectors were declining, potentially causing a ripple effect throughout the global economy. The ongoing trade war between China and the US was cited as a contributing factor, which played a big role in China’s slide into bear market territory throughout 2018. Companies like Boeing and Caterpillar and others that do much of their business in China, also slid. In addition to that, another weaker than expected U.S. manufacturing sector report. 1/4 bought up all the losses of the previous day, thanks to a booming jobs market report. The U.S. economy added 312,000 jobs in December, blowing past expectations of 176,000. In light of the beatdown the market had endured since the last quarter of 2018, Jerome Powell suggested that a pause in rate hikes was on the table, so long as low inflation numbers continued. He also mentioned that the bank could change its balance sheet reduction plan if it was causing problems to the U.S. economy. Both Intel and Netflix were upgraded by analysts, to buy and conviction buy, respectively, and China’s commerce minister announced higher level negotiations would take place on 1/7 and 1/8.

May: May 13th (-2.41%)

Just before markets opened, Trump dropped a tweet in response to another set of tariffs issued by China, which decided to place $60 billion in tariffs on U.S. goods, primarily on agricultural goods. “I say openly to President Xi & all of my many friends in China that China will be hurt very badly if you don’t make a deal because companies will be forced to leave China for other countries. Too expensive to buy in China. You had a great deal, almost completed, & you backed out!” The move by China was done in retaliation to additional tariffs issued by Trump the week before. Markets were on track to trade much lower, but bounced off their lows after Trump announced he had not yet decided on whether or not he would slap an additional $325 billion in tariffs on Chinese goods. Not the most inspiring, though the hesitation alone seems to have provided some degree of confidence that matters would not get immediately worse.

June: Jun 4th(+2.15%)

Markets appeared to have suffered throughout the course of May, as Jerome Powell signaled that the Fed was open to easing monetary policy in order to save the economy. Citing the ongoing trade war, Powell mentioned that its impacts on the US economy were being monitored, suggesting that policy would be adjusted if conditions continued to deteriorate. Instead of talking about rate hikes, markets were now expecting a rate cut, with 90% confidence. Trade tensions were also cooled, following speculation that Republican lawmakers would block Trump’s efforts to implement new tariffs against Mexico on a national emergency basis. Mexican foreign minister Marcelo Ebrard also said he expected both countries to find common ground on immigration and trade. Finally, the Chinese Commerce Ministry was seemingly easing up on its tough rhetoric towards a trade agreement.

August: Aug 5th (-2.98%), Aug 14th (-2.93%), Aug 23th (-2.59%)

8/5 opened with the worst drop of 2019, once again, as a result of the still ongoing trade war. A six day sell off had been set off the week before, following another set of tariffs issued by Trump against China. Once again, China retaliated, this time by allowing its currency to drop to the lowest level against the dollar in over a decade. Trump took to Twitter before markets opened commenting: “China dropped the price of their currency to an almost a historic low. It’s called “currency manipulation.” Are you listening Federal Reserve? This is a major violation which will greatly weaken China over time!” The fact that the Chinese government was now moving to currency depreciation to boost exports suggested that it had begun to abandon hopes of reaching a trade deal with the U.S. It also suspended the purchase of U.S. agricultural products and threatened to institute tariffs on farm goods purchased after August 3rd. 8/14 saw a brief dip into yield curve inversion, this time as a result of the 10 year note breaking under the value of a 2 year note. This inversion in particular was known to be a very reliable recession indicator. According to the article, a recession typically occurs within 22 months, one did occur, but much faster and for a reason that no one expected. Trump commented on the yield curve, but at least had the decency not to do so before the market open: “........THANK YOU to clueless Jay Powell and the Federal Reserve. Germany, and many others, are playing the game! CRAZY INVERTED YIELD CURVE! We should easily be reaping big Rewards & Gains, but the Fed is holding us back. We will Win!”

8/23 It’s nauseating to keep saying it, but Trump once again brought markets to their knees after ordering U.S. manufacturers to find alternatives to their operations in China, following another round of tariffs being placed on U.S. goods. Per Trump’s Twitter: “Our great American companies are hereby ordered to immediately start looking for an alternative to China, including bringing your companies HOME and making your products in the USA. I will be responding to China’s Tariffs this afternoon. This is a GREAT opportunity for the United States.” The order was unprecedented and likely outside of the powers of a President, but given how seemingly extreme they were, it reinforced the idea that a meaningful resolution to the nearly one year old trade dispute was still far away. Powell also made a few comments concerning monetary policy, all of which was rather vague, and did nothing to clarify the stance of the Fed in light of the trade war and economic expansion plans. The 10y and 2y notes once again briefly dipped into yield curve inversion territory.

There is a multi-year gap here, due to the rest of the volatility associated with Trump’s term being either related to COVID, fallout from COVID, with the very tail end of his first term being more focused on elections than market manipulations.

2025

March: Mar 10th (-2.70%), Mar 14th (+2.13%)

Trump opened up his second tenure much the same way he had acted back in 2018 and 2019: tariffs. On 3/10, a day after he had refused to rule out the possibility that his policies could trigger a recession, markets dropped substantially. Following a suite of threats, impositions, and suspensions of tariffs against Canada, Mexico, and China, Trump’s acknowledgment of his disinterest towards the economic fallout of such actions seems to be what triggered thesubstantial drawback. Uncertainty over what his endgame was with the tariffs seems to have been a bigger concern rather than their existence in the first place. JP Morgan analysts claimed that these tariffs risked a global recession, placing the probability of such an event before the year’s end at 40%. This prediction did not pan out. On 3/14, market conditions were substantially oversold and there doesn’t seem to have been a particular reason for the day’s significant rise. That said, inflation data was encouraging, and bargains were to be had, though consumer sentiment was plummeting. Nvidia gained substantially ahead of the GTC conference, where its CEO, Jensen Huang, was expected to give a keynote address.

April: Apr 3rd (-4.84%), Apr 4th (-5.97%), Apr 9th (+9.52%), Apr 10th (-3.46%), Apr 16th (-2.24%) Apr 21st (-2.36%), Apr 22nd (+2.51%), Apr 24th (+2.03%)

4/3 opened with the worst day since 2020, thanks to what was called by Mary Bartels, CIO at Sanctuary Wealth, “the worst case scenario for tariffs,”. Trump announced a minimum tariff of 10% on imports, with substantially higher rates being placed on Chinese and EU member states goods. Trump had downplayed the economic effects of the tariffs that same day, saying: “I think it’s going very well,” he said. “We have an operation, like when a patient gets operated on and it’s a big thing. I said this would exactly be the way it is.” News that unemployment benefits applications had decreased and multiple U.S. sectors had grown were entirely crushed by the tariff news. Markets collapsed harder the following day, 4/4. China responded to Trump’s tariffs by introducing a 34% levy on American goods, signalling what most investors thought would be yet another prolonged trade war with China. The NASDAQ confirmed it was in a bear market, closing -20% from its record high. Oil and commodities prices collapsed as well. $5 trillion in market cap was wiped out in two days and even Jerome Powell warned that the future health of the economy was at risk due to the larger than expected tariffs.

The SPY posted its largest single day gain since 2008 on 4/9, following an immediate 90 day tariff pause for many countries, though he did add a cheeky levy on Chinese imports up to 125%. This news alone brought hope that America would avoid a guaranteed recession and international economic isolation, sending markets up parabolically. 4/10 took a chunk of these gains away, mostly due to residual anxiety around the question of what happens once the 90 days passes? Losses continued to grow after the White House confirmed that Chinese goods tariffs were actually 14.5%, totaling to 145%, which include a 20% levied in response to the fentanyl crisis. An extension to the 90 days was not ruled out by Trump, but things still remained uncertain. 4/16’s drop was caused by a warning issued by Nvidia as well as comments from Jerome Powell about the impact of tariffs on the U.S. economy. Nvidia dropped 6.9% after announcing it would post a $5.5 billion quarterly charge related to the export of H20 GPUs to China and other nations, following a U.S. government demand requiring a license to send chips from the U.S. to China. Pressure also mounted on Nvidia due to Trump’s crackdown on DeepSeek, one of Nvidia's clients. ASML also posted a disappointing earnings report, contributing to the chipmaker downturn. In addition to this, Powell commented that tariffs complicated keeping inflation low and employment up, rattling investors.

4/21 saw Trump keep markets down as a result of his continued spat with Powell. With Trump cutting ties with Twitter, Truth Social was the new market moving place for the President’s tirades. The post itself is rather long, but has been attached below. In summary, aside from calling Powell “Mr. Too Late, a major loser”, Trump insinuated that Powell had lowered rates in an attempt to help “Sleepy Joe Biden” and later Kamala get elected. Concerns that Trump could take moves to compromise the independence of the Federal Reserve seem to have caused much anxiety, as well as no material changes having taken place in regards to the ongoing trade conflict. 4/22 bought up the gains of the prior day, thanks to comments from the Treasury Secretary Scott Bessent, who claimed there would be a deescalation in the trade war with China, acknowledging that the current state of the conflict was unsustainable. Markets dipped slightly from the day’s highs after Bessent insinuated that a trade deal may take two to three years to achieve. Despite the looming trade war, 4/24 rose after most of the Mag 7 (NVDA, META, TSLA, AMZN, & MSFT) closed higher. These gains seem odd, as China claimed that no trade talks were taking place with the U.S., in response to comments from Trump claiming he is willing to take a less confrontational approach to talks with Beijing. Perhaps markets responded to this claim, but the Chinese response was strange nonetheless. Scott Bessent reported that a trade deal with South Korea was potentially just a week away, which was at least some good news.

May: May 12th (+3.26%), May 27th (+2.05%),

The aforementioned confusing comments from China were made even more confusing on 5/12, as both countries agreed to temporarily slash tariffs following negotiations that took place in Switzerland. Bessent claimed that talks with China had been very productive and was planning to meet with Beijing representatives in the next few weeks to iron out a big agreement. Trump personally suggested that tariffs could be lowered to 60% if negotiations continued to go well. Deescalation was much preferred to the alternative, even if a true deal was still far away. Shares of companies that rely on Chinese goods, like Tesla and Apple, saw huge gains. 5/27 rallied thanks to Trump announcing a delay of the 50% tariffs he had announced on the EU, following a request from the European Commission, led by Ursula von der Leyen, to do so. For reference, Trump had announced this tariff only a week before. In other news, this day also marked the end of Elon’s attempts at placing himself into American politics, announcing his shift away from politics back into his companies, sending Tesla up 7%.

October: Oct 10th (-2.71%)

After a lull in trade war theatrics, Trump snapped investors back to attention, following a threat to hike tariffs against China. On Truth Social, Trump commented that he was considering a massive increase on Chinese imports and “There is no way that China should be allowed to hold the World “captive,” but that seems to have been their plan for quite some time”. One quote that seems to have aged particularly poorly from that same post: “The Chinese letters were especially inappropriate in that this was the Day that, after three thousand years of bedlam and fighting, there is PEACE IN THE MIDDLE EAST.”. Peace in the middle east lasted not even half a year, it would seem.

2026

January: Jan 20th (-2.06%)

Conflict with China seems to have bored Trump by this point, as the new point of conflict was over Greenland. Trump had threatened eight different European countries with 10% import tariffs as tensions escalated over his attempted takeover of Greenland. What seems to have really shaked markets that day was the “sell America” movement, which saw many European and international investors abandon their American assets due to the unprecedented actions of a long time ally. Many American stocks were approaching or already at all time highs, so de-risking from these assets also seemed to be an alluring prospect.

March: Mar 31st (+2.91%)

Following a prolonged sell off after the start of the war in Iran, markets rose substantially after news emerged that the conflict may soon end. The move was triggered by unconfirmed reports from Iranian President Masoud Pezeshkian claiming the nation was open to ending hostilities, alongside certain guarantees. Trump commented that he was willing to end conflicts even without reopening the Straits of Hormuz and believed that the war would end soon. On Truth Social: “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”

April: Apr 8th (+2.51%)

Only one day after claiming that “A whole civilization will die tonight, never to be brought back again.” Trump announced a 14 day ceasefire, brokered in part by Pakistan, in an attempt to bring the conflict with Iran to an end. The ceasefire was, of course, conditional on Iran completely reopening the Straits of Hormuz to international trade. “I agree to suspend the bombing and attack of Iran for a period of two weeks. This will be a double sided CEASEFIRE! The reason for doing so is that we have already met and exceeded all Military objectives, and are very far along with a definitive Agreement concerning Longterm PEACE with Iran” Israel also agreed to the ceasefire. Concerns were still present in the article over whether or not the ceasefire would hold or lead to an actual agreement. For the time being, markets were exuberant that the conflict was potentially ending and things could return to normal.

InfoLib

Trump: Market Manipulator Supreme. A Volatility Study on Trump's Effect on the Stock Market while in Office(2018–2026)

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