President Trump: Surprised by stock market comeback amid Iran war, thought Dow would be down 20%

CNBC Television | April 21, 2026 at 02:16 PM UTC
Bullish 70% Confidence
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Key Points

  • President Trump claims the 'Iran blockade' has been a 'tremendous success' and that Iran's nuclear program has been 'obliterated' by military action.
  • He expresses surprise that the Dow Industrials and S&P 500 have not fallen by 20% or more, noting their current levels are similar to when the conflict began.
  • Trump highlights that oil prices are around $90, not $200, due to new supply sources from Texas, Louisiana, and Alaska.
  • He states that if the U.S. left Iran now, it would take them 20 years to rebuild, emphasizing a decisive victory.

AI Summary

President Trump discusses the U.S.-Iran situation, claiming the 'Iran blockade' has been a tremendous success and that Iran's nuclear capabilities have been 'obliterated.' He expresses surprise that financial markets, including the Dow and S&P 500, have not fallen significantly more due to the conflict, attributing stable oil prices to alternative supply sources. He also criticizes political opponents for undermining negotiations.

Model Analysis Breakdown

Model Sentiment Confidence
Gemini 2.5 Flash Bullish 70%
Consensus Bullish 70%