What a weekend of news! let’s dive in…
I know it’s going to be hard to believe, but Trump found a way to TACO out of his severe ultimatum to Iran mere hours before the Monday market open (which was looking especially bad with even US oil over $%100/bbl, bonds cratering and stock futures down).
The move was particularly vicious for oil:
I’d be willing to make a substantial wager that Trump family members and the US Treasury were read-in to this move and took advantage of it to ‘make some money.’
Here’s what Trump said at 7:04 a.m.:
How does one talk with “THE COUNTRY OF IRAN?” After killing all of Iran’s leaders, who specifically could he have been talking with?
According to Trump:
TRUMP ON IRAN: U.S. TALKED TO IRANIAN TOP RESPECTED LEADER
— *Walter Bloomberg (@DeItaone) March 23, 2026
Iran immediately called his bluff and at 7:31 a.m. said “Nope, no talks have happened.”
Iran’s Foreign Ministry reiterated that no such talks had taken place:
TRUMP'S REMARKS ARE MEANT TO DECREASE ENERGY PRICES AND GAIN TIME FOR HIS MILITARY PLANS: IRAN'S MEHR
— zerohedge (@zerohedge) March 23, 2026
The Iranian embassy in Kabul went further and declared that Trump had merely TACOed:
One clue that Trump is lying is his claim that the talks happened with Witkoff and Kushner, two people I am 99.99% positive Iran would exclude as a condition of taking for their prior betrayal and perfidy:
Trump referring to Witkoff talks:*TRUMP TO FOX BUSINESS: RECENT IRAN TALKS HAPPENED LAST NIGHT*TRUMP: TALKS WITH WITKOFF, KUSHNER, THEIR COUNTERPARTS: FOX BUS
— zerohedge (@zerohedge) March 23, 2026
If you want to know the real reason for the Trump TACO, look no further than the US ten-year bond rate:
10 year yield breaks 4.40% tonight. Here’s a 1 month chart. This is almost as catastrophic as higher oil prices. Consumers borrowing money is going to crater. Lending/mortgage rates will soar. Goodnight housing market, autos, and commercial real estate. Disaster. pic.twitter.com/xaqJxAMtex
— QE Infinity (@StealthQE4) March 23, 2026
Didnt realize 2Y breached 4.0% at 6:30am. Yeah that tweet had to be sent.
— Mr. VIX (@yieldsearcher) March 23, 2026
Many are thinking the same way:
They aren’t even trying to hide the stock market manipulation
— Michael A. Gayed, CFA (@leadlagreport) March 23, 2026
Every week, when markets open, Trump makes these kinds of statements to drive down oil prices. Even his five-day deadline aligns with the closure of the energy market.But in reality, there are no negotiations underway, nor does Trump have the capability to reopen the Strait of…
— Seyed Mohammad Marandi (@s_m_marandi) March 23, 2026
“Somebody” made a massive, illegal, immoral gain:
🚨 BREAKING:TRUMP'S INSIDER WITH A 100% WIN RATE JUST OPENED A $201M LONG AHEAD OF THE U.S. MARKET OPEN TODAYTHIS GUY WENT ALL-IN FOR THE FIRST TIME SINCE THE OCTOBER CRASH, WHEN HE MADE $65 MILLION IN JUST 3 HOURSALL EYES ON THE INSIDER!! 👀 pic.twitter.com/BPkiYbDEkH
— ᴛʀᴀᴄᴇʀ (@DeFiTracer) March 23, 2026
It would be a very simple matter for the SEC to figure
by cmartenson 
