Reply To: Cautious Investor — Market Weekly

#98226
ThePitBoss
Participant

Pres Trump says Iran wants to meet. They want to make a deal. But plans for more military operations.

Comments from Pres. Trump on FOX Business and to the WSJ.

Trump speaking on FOX Business says:

Oil prices will yo-yo for a while.
Thinks inflation at year end will be lower than it is now.
Would like to see rates go down, but better to pause than to hike.
Warsh has a board. Maybe it is hostile.
Has respect for Fed Chair Warsh.
Wishes he could use tariffs faster.
Iran wants to meet.
Iran wants to settle.
We’ll find out if we settle with them. They want to settle

The WSJ now reporting that:

Trump is leaning toward expanding US military operations in Iran after days of briefings from top aides
options include stepping up airstrikes, sending ground forces to seize Iranian islands near the Strait of Hormuz,
bombing a fortified site that could be used for covert nuclear work.

Article adds Trump has not made a final decision. He would prefer to solve the dispute diplomatically.