Markets Are Betting That Trump Will End the Iran War but That’s Easier Said Than Done

The U.S. midterms ended with a rejection of an expensive foreign policy.

U.S. midterm elections ended with a blue wave, a crashing rejection of President Donald Trump’s presidency and an indictment of his policies. The Iran war—and its ripple effects across the global economy—is at the top of that list. But starting a conflict with Iran is a lot easier than ending one, and today I’m diving into how a stinging electoral defeat could affect Trump’s foreign policy agenda over the last two years of his term. Meanwhile, you might have noticed the strange phenomenon of world governments warning their citizens about emergency preparedness (with a few jokes along the way). If you want to know what’s driving that push—and what investors think safe havens look like in today’s economy—keep reading. Mentioned in this article: Donald Trump, JD Vance, Iran war, Christine Lagarde, Russia, Doomsday preppers, gold, Treasuries, Magnificent Seven, MSCI, Koninklijke Philips NV. You can subscribe to Barron’s Global Signals .

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