Financial markets often rise when uncertainty is resolved, as demonstrated by the stock market rally following the April 7th Iran ceasefire announcement, where the S&P 500 gained 2.5%, Nasdaq nearly 3%, and the Dow jumped over 1,300 points, marking its best day in nearly a year.
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On April 7th, at 5:32 p.m., Donald Trump announced a ceasefire with Iran. And from this announcement, we learned two things. First, Truth Social is the single greatest invention of our generation and is totally not a useless social media platform. And second, markets don't like uncertainty because the very next day after the announcement, the markets ripped. The S&P closed up 2 and 1/2%. The Nasdaq almost 3% and the Dow climbed more than 1,300 points, which marked its best day in almost a year.
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