“Trump surprised by stock market comeback amid Iran conflict, thought Dow would be down 20%”
June 15, 2026
“In a CNBC interview, the president said he anticipated the Dow Jones Industrial Average and S&P 500 would have fallen by 20% — the benchmark for a bear market — and oil would be as high as $200 a barrel…”
Crisis averted? This is a roundabout way of saying one of the worst case scenarios was avoided.