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Trump has been played.

Iran and all our adversaries know his ego weaknesses that he has to maintain his legacy as a deal maker, and even more so now he has to make super deals because his name is up for Nobel Prize.

So they played his enormous ego and tricked him into making a deal of a cease-fire..

Previously Iran got him to ask for two weeks to make a deal, so meanwhile Iran took the enriched uranium to a site that couldn’t be found so they could use it later to make a bomb.

And this time, they get him to brag about ending the 12 day war and he even put pressure on Israel to stop doing what they had to do. They know more about warfare than Trump ever will. But if they continued the war that would spoil Trump/s chance at a Nobel prize so he had a temper tantrum when Israel kept up the bombing..

That cease-fire was the worst possible thing for us and Israel.

We had complete control of the skies. Israel could’ve bombed them day after day after day, crippling them for 10 years, so they’re no longer a power, crushing all their oil producing capabilities, killing their electrical grid, destroying their roads and airports so they’re unusable, destroying all their airplanes, bombing all the banks to destroy their currency, and then bombing and re-bombing over and over again those nuclear sites which they should’ve rendered so radioactive that they couldn’t be used for 100 years..

Trump was played and even put the brakes on Israel instead of minding his own business.

And by the way, Russia should never started Iran on a nuclear program. Iran has all the sunshine in the world on their expensive deserts to power their entire country with solar energy.

News Of Israel-Iran Ceasefire Leads To Extended Rally On Wall Street

Stocks moved sharply higher during trading on Tuesday, extending the strong upward move seen over the course of the previous session. With the continued advanced, the major averages reached their best closing levels in four months.

The major averages pulled back off their best levels going into the close but remained firmly positive. The Nasdaq surged 281.56 points or 1.4 percent to 19,912.53, the Dow jumped 507.24 points or 1.2 percent to 43,089.02 and the S&P 500 shot up 67.01 points or 1.1 percent to 6,092.18.

The continued strength on Wall Street came after President Donald Trump announced a ceasefire between Israel and Iran is now in effect.

“On the assumption that everything works as it should, which it will, I would like to congratulate both countries, Israel and Iran, on having the stamina, courage, and intelligence to end what should be called ‘THE 12-DAY WAR,'” Trump wrote on Truth Social.

While both sides have accused each other of violating the ceasefire, traders appeared to remain optimistic about easing tensions in the Middle East.

Meanwhile, traders largely shrugged off comments from Federal Reserve Chair Jerome Powell indicating the central bank will remain on hold despite pressure from Trump to lower interest rates.

“For the time being, we are well positioned to wait to learn more about the likely course of the economy before considering any adjustments to our policy stance,” Powell said in prepared remarks before the House Financial Services Committee.

On the U.S. economic front, the Conference Board released a report showing an unexpected deterioration by consumer confidence in the month of June.

The Conference Board said its consumer confidence index fell to 93.0 in June from a revised 98.4 in May. Economists had expected the index to inch up to 99.0 from the 98.0 originally reported for the previous month.

Sector News

Semiconductor stocks turned in some of the market’s best performances on the day, with the Philadelphia Semiconductor Index soaring by 3.8 percent to its best closing level in five months.

Substantial strength was also visible among airline stocks, as reflected by the 3.6 percent surge by the NYSE Arca Airline Index.

Computer hardware, networking and biotechnology stocks also saw strength on the day, while gold and oil producer stocks bucked the uptrend.

Other Markets

In overseas trading, stock markets across the Asia-Pacific region moved sharply higher during trading on Tuesday. Japan’s Nikkei 225 Index shot up by 1.1 percent, while Hong Kong’s Hang Seng Index surged by 2.1 percent.

Most European stocks also moved to the upside on the day. Germany’s DAX Index jumped by 1.6 percent and France’s CAC 40 Index advanced by 1.0 percent, although the U.K.’s FTSE 100 Index closed only slightly above the unchanged line.

In the bond market, treasuries moved higher over the course of the session. Subsequently, the yield on the benchmark ten-year note, which moves opposite of its price, fell 2.7 basis points at 4.293 percent.

Looking Ahead

Developments in the Middle East are likely to remain in focus on Wednesday, while a report on new home sales in the month of May also attract some attention.

J. Powell is not only politically motivated but one of the stupidest people in Washington, D.C. Recognize, the FED can easily be disbanded as easily as it was created back in 1913. Read ‘The Creature From Jekyll Island’ by G. Edward Griffin. In November 2024, the Federal Reserve, under the leadership of Chair Jerome Powell, cut the target range for the federal funds rate by 0.25%. This followed a 0.5% cut in September 2024. These actions marked a shift in the Fed’s focus from aggressively fighting inflation to bolstering the economy. While Powell has stated that the Fed does not consider politics in its decisions, there have been accusations that his actions could be politically motivated. For instance, some critics have suggested that keeping interest rates high could benefit Donald Trump, who nominated Powell, by undermining the economy under President Joe Biden. We might need legislature ‘bunker-busting’ to get rid of the FED once and for all.

THE CASE FOR ABOLISHING THE FEDERAL RESERVE

G EDWARD GRIFFIN

https://www.youtube.com/watch?v=pqhxzN0PMeg

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