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Fortune
Fortune
Nick Lichtenberg

'I thought the oil would be much higher': Trump's rosy Iran war spin risks sending traders the wrong message

Photo of Donald Trump (Credit: Tasos Katopodis/Getty Images)

President Donald Trump said Tuesday he was caught off guard—pleasantly—by how well the U.S. economy held up during his war with Iran. Wall Street’s top analysts say he’s got part of the story right, and the rest dangerously wrong.

“Even when it was down more a couple of weeks ago, I was surprised,” Trump told CNBC’s Squawk Box Tuesday morning. “I thought it would be down much more, and I thought the oil would be much higher, and I’m very happy to say that it wasn’t.”

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