Live Updates > Live Update Details
2026-04-08 09:19:01
[Annex, a Wisconsin-based wealth management firm: A two-week ceasefire is enough to trigger a positive reaction, but the future remains uncertain] Brian Jacobsen, chief economist at the firm, said that President Trump's agreement to a two-week ceasefire is enough to give hope: not only will civilization not be destroyed, but we might even see oil flowing through the Strait of Hormuz again. Whether this is merely postponing the issue, moving the goalpost, Trump backing out on Tuesday, or, whatever the metaphor, ultimately escalating tensions again and triggering another bomb drop—who knows? But for now, it's enough to trigger a positive market reaction.
