Stocks were on a runaway train. Then Iran happened

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The American drone strike targeting a top Iranian commander sent shockwaves across previously calm Wall Street. | Analysis by MattEganCNN

New York The American drone strike targeting a top Iranian commander sent shockwaves across previously calm Wall Street.

The dramatic escalation of tensions between the United States and Iran forced once-euphoric investors to confront the risk of a tit-for-tat spiral that derails the economy by depressing consumer spending. Oil prices climbed 4% to three-month highs following the killing of Qasem Soleimani, the head of the Islamic Revolutionary Guards Corps Quds Force. Treasury yields tumbled as investors rushed to safety. The VIX volatility index rose sharply.

Source: News Formal (newsformal.com)

 

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MattEganCNN Did you say shock waves! That is nonsense, we kill terrorist who kill Americans. Of course if your a democrat hack, you drop to your knees.

MattEganCNN We were ignoring the crap so we'll, why'd you go and remind us there's a horse loose in the hospital!

MattEganCNN 🤣😂. The Dow is off a mere 200 pts from all time record highs...

MattEganCNN Fake news.

MattEganCNN Calm Wall Street? Lol

MattEganCNN I hope the stock market crashes so we can get rid of tRump. Marginalized people and POC aren't part of the stock market system anyway.

MattEganCNN According to cnn we have already been in a recession since dec of 2018

MattEganCNN 2016: If Trump is elected WORLD WAR 3 will instantly start! 2017: Trump called Kim Jong Un ‘Rocketman!’ WORLD WAR 3 is upon us! 2019: If Trump pulls out of Syria, WORLD WAR 3 will start! 2020: Trump killed the worlds worst terrorist! This will lead to WORD WAR 3!

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