Trump surprised by market comeback: I thought stocks would be down 20% during Iran war
CNBC Television
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April 21, 2026 at 03:31 PM UTC
Bullish
85% Confidence
Watch on YouTube
Key Points
- Trump was surprised the stock market did not fall by 20% during the Iran conflict, contrary to his expectations.
- He also noted that oil prices remained around $90, significantly lower than his anticipated $200.
- Trump attributed the market's resilience and lower oil prices to the discovery of new energy sources in US states.
AI Summary
President Trump expressed surprise at the stock market's resilience during the Iran conflict, stating he expected stocks to be down 20% and oil prices to be much higher. He noted that the market performed better than his pessimistic forecast and attributed lower oil prices to increased domestic production from states like Texas, Louisiana, and Alaska.
Model Analysis Breakdown
| Model | Sentiment | Confidence |
|---|---|---|
| Gemini 2.5 Flash | Bullish | 85% |
| Consensus | Bullish | 85% |