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All right, everybody, we have some stunning breaking news after the de facto leader of Iran just came out saying that Donald Trump is lying about negotiations that have been

taking place in order to try to ease the market dropping in the United States and ease energy

prices. So we're dealing with a situation where the president of the United States is either,

A, hallucinating a negotiation process that isn't happening. B, is straight up lying about it to

try to desperately find an off ramp and control prices or C, I mean, the main problem here is that

we're dealing with the most unreliable interlocutors in the world, both Donald Trump and the

Iranian regime. You might as well throw Vladimir Putin in there because everybody in this

situation is untrustworthy. But right now, I'm really buying the idea that Donald Trump is

desperately trying to find an off-ramp. I mean, just read this. This is absolutely insane,

says the Kobasi letter. At 7.04 a.m. this morning. President Trump said, quote, the U.S. and Iran have had productive

discussions to end the war. By 7.10 a.m., the S&P 500 had surged 240 points, adding $2 trillion to the market cap.

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