MILWAUKEE — As uncertainty continues about how long the Trump administration may continue its attacks on Iran and what the fallout from the Iran war could entail, the markets bounced higher Monday after days spent in a broad sell-off.
“As you can see, the markets can turn on a dime,” said Brian Jacobsen of Annex Wealth Management. “There was a report that President Trump said the war was mostly over, and suddenly the market came roaring back.”
Jacobsen added, though, that as the Trump administration’s messaging continues to change about just how long this conflict could continue, it’s likely best for most investors to practice their patience and stand pat in the short term.
“We don’t know what sort of Truth Social post might come out next,” Jacobsen said. “For all we know, something might pop up tonight or before we wake up in the morning, and that can change the entire tenor of the market.”
Watch the full interview above.
