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Summary
- The Dow Jones Industrial Average has declined by over 8% since February 27, 2026, signaling a negative market response.
- Recent military activity in Iran and related policy efforts have failed to stabilize or boost equity markets.
- I expect continued weakness in the DJIA and other major indices over the coming weeks, if not longer.
- Trump’s strategy appears aimed at pressuring the Federal Reserve to inject more liquidity to stimulate economic growth.
- Currently, however, things seem to be on hold as the “deal-maker” looks for the best way to move on.
adempercem/iStock via Getty Images
If we want to use the stock market as the indicator of our grade for the latest policy effort, then the current grade looks like it is “F” or approaching “F.”
Here is the performance of the Dow Jones Industrial
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