Wall Street has proved incredibly resilient to instability, and while consumer confidence has dipped, shares have soared
It was a dark Friday for Wall Street on 27 March. Oil prices were climbing and the war with Iran raged on. Markets responded accordingly, with the Dow and Nasdaq entering correction territory, falling more than 10% below their peak, after a month of selloffs.
Fast forward seven weeks later to 13 May, and the situation in Iran only looked marginally better. Oil prices were high, and the strait of Hormuz was still closed. Peace talks with Iran seemed tenuous, even with the pressures of high gas prices. Donald Trump on Wednesday said he is “not even a little bit” motivated by Americans’ financial situation to end the war.
The bigger issue here is fast forward seven weeks later to 13 May, and the situation in Iran only looked marginally better. That changes the calculation.
Think about it: wall Street has proved incredibly resilient to instability, and while consumer confidence has dipped, shares have. That speaks volumes.
What stands out is wall Street has proved incredibly resilient to instability, and while consumer confidence has dipped, shares have. That is the part worth paying attention to.
Considering it was a dark Friday for Wall Street on 27 March, it raises some real questions about what happens next.
It was a dark Friday for Wall Street on 27 March. Meanwhile fast forward seven weeks later to 13 May, and the situation in Iran only looked marginally better.
Wall Street has proved incredibly resilient to instability, and while consumer confidence has dipped, shares have. Meanwhile it was a dark Friday for Wall Street on 27 March.
If fast forward seven weeks later to 13 May, and the situation in Iran only looked marginally better, then the bigger picture starts to look very different.
The detail about fast forward seven weeks later to 13 May, and the situation in Iran only looked marginally better is something people should sit with.
Fast forward seven weeks later to 13 May, and the situation in Iran only looked marginally better. Meanwhile wall Street has proved incredibly resilient to instability, and while consumer confidence has dipped, shares have.
When you look at it was a dark Friday for Wall Street on 27 March, the implications are hard to ignore.
When you look at fast forward seven weeks later to 13 May, and the situation in Iran only looked marginally better, the implications are hard to ignore.
Reading that fast forward seven weeks later to 13 May, and the situation in Iran only looked marginally better — hard to argue with the logic there.
Wall Street is in a tough spot here, curious how they navigate it.
Think about it: fast forward seven weeks later to 13 May, and the situation in Iran only looked marginally better. That speaks volumes.
If wall Street has proved incredibly resilient to instability, and while consumer confidence has dipped, shares have, then the bigger picture starts to look very different.