Wall Street expects Trump to end Iran war for economic and political gains

5 articles · Updated · MacroBusiness · Apr 26

BofA strategist Michael Hartnett highlights Trump’s low approval ratings—30% on inflation, 37% economic, 41% job approval—amid persistent cost-of-living frustrations.
Wall Street approval of asset price inflation remains high, contrasting with Main Street’s dissatisfaction over business and living costs, which are linked to elevated gas prices.
Ending the Iran war is seen as crucial for Trump to lower gas prices, improve affordability, and boost support among consumer and small business voters ahead of the midterm elections.

How will the new Federal Reserve nominee navigate inflation driven by a geopolitical oil shock?

Beyond a temporary ceasefire, what is the long-term plan to stabilize global oil prices?

Is the global economy on the brink of recession due to the ongoing energy shock?

With global trade disrupted, can new pipelines truly replace the vital Strait of Hormuz?

Will the current 'fossilflation' crisis accelerate the global shift to renewable energy?

Could the Iran conflict permanently alter critical supply chains for technology and food?