Matzah ball: How to deal with a TACO

Whenever the street pumps the market on vague “talks,” the outcome almost always tells the real story. If Trump claims Iranian officials are calling him and begging for deals, the burden is on him to prove it — because the actual outcomes consistently align with what Iran’s hardliners are saying, not with his narrative.

He doesn’t have to but the pattern remains.

In other words, watch the actions, not the talk.

The problem is that markets will inflate whether indices or oil so that when the truth finally comes out, the eventual discount isn’t as severe.