
President Donald Trump spoke about the Iran war on primetime television last night. If anyone was hoping for a definitive answer about the future, they didn’t get one. Instead, investors are likely to see stocks fall on the last trading day before Good Friday.
The price of West Texas Intermediate (WTI) crude jumped by 8% immediately following the president’s speech. As a result, the likelihood of a rate cut by the Federal Reserve in 2026 fell to 10%.