Jon Lovett

People are already upset about about prices like that is a worst case scenario politically for Trump.

And that might benefit some American fossil fuel companies.

That might actually help some stock prices.

But consumers will not benefit from that.

Consumers will pay for a global change in supply.

The idea that we're in a back and forth where you have Trump trying to work the markets to avoid him feeling pressure to end the war, and you have Iran trying to work the markets in the opposite direction, just so publicly, so baldly, because if the markets don't respond to what Trump is saying, he loses leverage in the negotiation.

I mean, maybe, honestly, as I'm talking myself into seeing it as a sign for hope, John.

I don't remember which firm, but a firm has created a kind of pressure index.

So there's a taco index that a financial firm has created.

And basically it looks at a couple different indicators to come together, to put them together, to suggest the amount of pressure Donald Trump is under.

to argue for when he will cave on something important.

And the reason I think that matters is because, yeah, you're right, the individual statements aren't causing the same kind of like corrections as we were seeing in the past.

But I do think the underlying problem, and it speaks to what's going on in this conflict too, is that the markets ultimately expect Trump to respect

markets right that that that the whole mark the whole the kind of irrational optimism of the markets is based on the idea that donald trump cares what happens to these markets and that is like not something that's going to show ups and downs but it's going to be baked into an overall expectation right and the question is when does that give

It stops being a symbolic television fight and it starts being a real world consequence.

I love it.

There's nothing that makes me happier when Republicans get a taste for just a moment of what it feels like to be a Democrat.

What is happening?

They're misinforming the public.

They're inoculating them against the reality of what's going on on the ground in a way that I find displeasing.