Miner Company
The Stock Market Doesn't Care About Trump's Blockade — Here's Why
In about five hours, Trump will impose a blockade on all maritime traffic entering and exiting Iranian ports, but the market doesn't seem to care.At first glance, Iran's perceived strategy to fight Trump by wreaking havoc on the global economy and making this war politically inconvenient is working. A dozen countries, including big U.S. allies, are already in emergency mode.
In about five hours, Trump will impose a blockade on all maritime traffic entering and exiting Iranian ports, but the market doesn't seem to care.At first glance, Iran's perceived strategy to fight Trump by wreaking havoc on the global economy and making this war politically inconvenient is working. A dozen countries, including big U.S. allies, are already in emergency mode.