Wall Street is beginning to think that Trump can’t reopen the Strait of Hormuz

https://fortune.com/2026/06/03/wall-street-is-beginning-to-think-that-trump-cant-reopen-the-strait-of-hormuz/

155 points · 21 comments · view on lemmy.world

21 Comments

FrankFrankson@lemmy.world · 71 pts · 75d

What tipped them off? Was it when Iran broke off all peace talks and said they would keep the straight closed? Gosh these wallstreet fellas are smart!

Foni@piefed.zip · 56 pts · 75d (3 replies)

Translation: People who work on Wall Street are slow as hell.

swearengen@sopuli.xyz · 28 pts · 75d (1 reply)

Perpetual optimists as long as the guy in power has an (R) next to his name.

If this happened under Biden the market would have freaked the fuck out.

Frozengyro@lemmy.world · 8 pts · 75d

I mean it did freak out at first, but line must go up

SeductiveTortoise@piefed.social · 12 pts · 75d

If you want to speed them up, you've got to open the windows first.

Clutter@sh.itjust.works · 30 pts · 75d

What tipped them off? Everything Trump has ever done and said?

(Read as: destroyed and then lied about)

RogueBanana@piefed.zip · 19 pts · 75d (3 replies)

He absolutely can. Just admit defeat and walk away in shame. But his pride probably wouldn't allow that.

fizzle@quokk.au · 12 pts · 75d (2 replies)

Nah Iran wouldnt just "reopen" the straight even if Trump did that.

favoredponcho@lemmy.zip · 9 pts · 75d (1 reply)
[ removed ]
fizzle@quokk.au · 2 pts · 75d

That's not really "open" though.

MutantTailThing@lemmy.world · 19 pts · 75d

Yeah no shit Sherlock.

FreddiesLantern@leminal.space · 16 pts · 75d

Man, leopards getting seriously overweight lately…

Rothe@piefed.social · 14 pts · 75d

Wall Street is a bit slow in the head it seems, but I guess they will get there if you give them enough time.

bmebenji@lemmy.blahaj.zone · 8 pts · 75d (4 replies)

TIL I’m better at predicting the future than the average Wall Streeter. Maybe I should get into Wall Streeting.

JakenVeina@midwest.social · 8 pts · 75d (1 reply)

Being successful on Wall Street isn't about being smart, it's about having connections and being willing to commit fraud.

IronBird@lemmy.world · 2 pts · 75d

eh, doesnt take smarts or insider knowledge to buy low sell high. if anything smarts hurts you in fintech industry...you second guess your plays too much

supersquirrel@sopuli.xyz · 3 pts · 75d

Finance people are so damn willfully clueless.

boonhet@sopuli.xyz · 1 pts · 75d

I'm assuming the Wall Street people assumed Trump's just doing this to manipulate the markets and make a bunch of money, but now it's starting to seem like MAYBE he's just stuck and completely fucked.

resipsaloquitur@lemmy.cafe · 6 pts · 75d

You mean the guy who triggered Iran to do the thing they've threatened to do for decades in order to disctract America from the Epstein Files scandal can't get that toothpaste back in the tube?

wonderingwanderer@sopuli.xyz · 6 pts · 75d

Womp wah

goatmeal@midwest.social · 6 pts · 75d

*won’t, not can’t

I feel like they’ve sabotaged it everytime it’s been close

Duamerthrax@lemmy.world · 2 pts · 75d

These people are all cokeheads.