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🚨 $155 billion wiped from the US stock market at open after Iran called to stop peace talks with the US.
Last week the market added $450 billion in 20 minutes on news of a potential deal. Today it gave back $155 billion in minutes on news that deal may be falling apart.
The Iran situation is now directly moving hundreds of billions of dollars in either direction with every headline. Oil, inflation, the Fed, and global risk appetite all tied to one negotiation.
This market is one press conference away from a massive swing in either direction.

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