{"id":63071,"date":"2026-06-12T14:00:23","date_gmt":"2026-06-12T18:00:23","guid":{"rendered":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/the-art-of-the-whiplash-how-one-truth-social-post-healed-the-dow-and-broke-the-oil-market\/63071\/"},"modified":"2026-06-12T14:00:23","modified_gmt":"2026-06-12T18:00:23","slug":"the-art-of-the-whiplash-how-one-truth-social-post-healed-the-dow-and-broke-the-oil-market","status":"publish","type":"post","link":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/the-art-of-the-whiplash-how-one-truth-social-post-healed-the-dow-and-broke-the-oil-market\/63071\/","title":{"rendered":"The Art of the Whiplash: How One Truth Social Post Healed the Dow and Broke the Oil Market"},"content":{"rendered":"<p>If you\u2019ve been looking for a reason to cancel your meditation app subscription, look no further than the 2026 global markets. Why pay for a simulated &#8220;calm&#8221; when you can experience the high-octane emotional rollercoaster of the American executive branch? On Friday, June 12, 2026, investors woke up to the geopolitical equivalent of a &#8220;u up?&#8221; text from the White House, and the markets reacted with the frantic energy of a caffeinated toddler.<\/p>\n<p>The headline of the day\u2014if we are to believe the <b>Truth Social<\/b> feed\u2014is that the world is suddenly a much safer place. President Donald Trump announced a &#8220;Great Settlement&#8221; with Iran, effectively calling off planned military strikes in exchange for what he describes as a &#8220;Grand Bargain.&#8221; While Tehran has remained suspiciously quiet, essentially leaving the President on &#8220;read,&#8221; Wall Street decided to buy the rumor and ignore the lack of confirmation. The result? The <a href='\/stock\/DIA'>DOW<\/a> (+1.1%) surged over 500 points in early trading, while the <a href='\/stock\/SPY'>S&#038;P 500<\/a> and <a href='\/stock\/QQQ'>NASDAQ<\/a> followed suit, proving once again that the market prefers a vague promise of peace over the concrete reality of a trade war.<\/p>\n<h2>Oil Prices: The &#8220;Liquid Gold&#8221; Meltdown<\/h2>\n<p>While equity traders were popping champagne, the oil pits were looking more like a scene from a disaster movie. Crude <a href=\"https:\/\/stockmarketwatch.com\/energy\/crude-oil\" data-internallinksmanager029f6b8e52c=\"12\" title=\"Crude oil\">oil prices<\/a> hit a two-month low as the threat of a closed Strait of Hormuz evaporated faster than a campaign promise. <b>WTI Crude<\/b> dipped nearly 5% in a single session, falling to levels that make the green energy transition look like an expensive hobby. <\/p>\n<p>Naturally, this sent shockwaves through the energy sector. Shares of <a href='\/stock\/XOM'>XOM<\/a> (-2.3%) and <a href='\/stock\/CVX'>CVX<\/a> (-1.9%) felt the squeeze as the &#8220;war premium&#8221; was sucked out of the room. It turns out that when you stop threatening to blow up oil infrastructure, the price of said oil tends to go down. Who could have predicted such a wild economic phenomenon? Analysts at <b>Goldman Sachs<\/b>\u2014who are currently busy explaining to Democrats why their top lawyers are threatening to resign\u2014noted that market sentiment was &#8220;buoyed&#8221; by the belief that a deal was imminent, even if the &#8220;deal&#8221; currently exists primarily in the digital ether of a Florida server farm.<\/p>\n<h2>Tariffs: Because Everything You Love Should Cost More<\/h2>\n<p>But don&#8217;t get too comfortable. The &#8220;Peace President&#8221; still has his favorite toy: the tariff. Even as he was extending an olive branch to Iran, he was busy sharpening a machete for our neighbors to the North. Trump has threatened a 25% tariff on Canada, putting trade talks at a standstill and leaving <b>Dominic LeBlanc<\/b> and the Canadian administration scrambling to find a &#8220;broad deal&#8221; before the border becomes a very expensive wall of paperwork. <\/p>\n<p>The snarky irony here is palpable: we are opening up protected ocean areas to &#8220;lower seafood costs&#8221; via executive order, while simultaneously threatening to tax everything coming across the 49th parallel. It\u2019s a bold strategy\u2014making it cheaper to catch a fish while making it 25% more expensive to buy the truck you need to haul it. Shares of <a href='\/stock\/TM'>TM<\/a> (-0.8%) and other auto manufacturers with integrated North American supply chains saw modest volume spikes as traders tried to price in the possibility of a fractured <b>USMCA<\/b>.<\/p>\n<p>And let\u2019s not forget the most &#8220;Hollywood&#8221; move of the week: a proposed 100% tariff on foreign-made movies. Because nothing says &#8220;Free Market&#8221; like doubling the price of a French indie film to ensure Americans only watch domestic blockbusters. While <a href='\/stock\/DIS'>DIS<\/a> (+0.4%) might appreciate the lack of competition, the broader impact on global media distribution remains a giant, expensive question mark.<\/p>\n<h2>The SpaceX IPO and the Chinese &#8220;Military&#8221; List<\/h2>\n<p>In the middle of this geopolitical storm, <b>Elon Musk<\/b> decided it was the perfect time for <b>SpaceX<\/b> to start trading. The IPO of the century arrived on Friday, serving as a convenient distraction from the fact that we are currently threatening to seize Iranian islands while also claiming we have no &#8220;stomach&#8221; for an invasion. The <b>SpaceX<\/b> debut is being treated as a referendum on Musk\u2019s proximity to the administration, with the stock seeing massive volume in <a href=\"https:\/\/stockmarketwatch.com\/movers\/premarket\" data-internallinksmanager029f6b8e52c=\"7\" title=\"Premarket Movers\">pre-market trading<\/a> as retail investors hope to ride a Falcon 9 to the moon, or at least to a 10% gain.<\/p>\n<p>Meanwhile, the administration continues its game of &#8220;Regulatory Whack-A-Mole&#8221; with China. The U.S. recently added <a href='\/stock\/BYDDF'>BYD<\/a>, <a href='\/stock\/BABA'>BABA<\/a> (-1.5%), and <a href='\/stock\/BIDU'>BIDU<\/a> (-2.1%) to its military-linked list. It\u2019s a classic move: threaten 200% tariffs on rare-earth magnets from China while simultaneously complaining that domestic manufacturing isn&#8217;t growing fast enough. The market\u2019s reaction has been a weary shrug, as investors have become largely desensitized to the &#8220;Trade War 2.0&#8221; rhetoric, though the 10% tariff collection recently upheld by an appeals court suggests the costs are very real, even if the &#8220;factory boom&#8221; remains elusive.<\/p>\n<h2>Fishing, Foster Kids, and Financial Security<\/h2>\n<p>To round out the week of contradictions, we saw First Lady <b>Melania Trump<\/b> announce &#8220;Foster the Future&#8221; investment accounts for foster youth. It\u2019s a heartwarming initiative that stands in stark contrast to the administration\u2019s broader &#8220;scorched earth&#8221; approach to international diplomacy. It seems the policy goal is to ensure that while the world might be on the brink of a trade-induced recession, the nation\u2019s foster children will at least have well-managed brokerage accounts to watch the volatility in real-time.<\/p>\n<p>Simultaneously, the President signed a proclamation opening more protected ocean areas to commercial fishing. <b>Gov. Mike Dunleavy<\/b> was quick to praise the move, which is expected to boost the U.S. fishing industry. Apparently, the plan is to offset the 200% tariff on Chinese magnets by catching more sea bass. It\u2019s the kind of &#8220;Grand Bargain&#8221; that only makes sense if you don&#8217;t think about it for more than four seconds.<\/p>\n<h2>Conclusion: Trading in the Age of &#8220;Great Settlements&#8221;<\/h2>\n<p>As we head into the weekend, the <b>DOW<\/b> remains elevated, <b><a href=\"https:\/\/stockmarketwatch.com\/metal\/gold\" data-internallinksmanager029f6b8e52c=\"4\" title=\"gold price today\">Gold<\/a> and <a href=\"https:\/\/stockmarketwatch.com\/metal\/silver\" data-internallinksmanager029f6b8e52c=\"5\" title=\"silver price today\">Silver<\/a> ETFs<\/b> are gaining up to 5% as a &#8220;safe haven&#8221; hedge against the very peace deal that supposedly fixed the market, and everyone is waiting for a tweet (or a Truth) that could undo the entire Friday rally. <\/p>\n<p>The lesson for the modern investor? Keep your eyes on the tickers, your heart in your throat, and your <b>Truth Social<\/b> notifications turned to &#8220;Maximum Volume.&#8221; Because in this economy, a &#8220;Great Settlement&#8221; is only great until the next 100% tariff on foreign films is announced. Stay cynical, stay liquid, and for heaven\u2019s sake, don\u2019t try to make sense of the seafood policy.<\/p>\n<p><i><b>DISCLAIMER: <\/b> We read Trump&#8217;s posts so you don&#8217;t have to. This is comedy meets market data, not financial advice. Not political advice either &#8211; we just like charts and chaos.<\/i><\/p>\n","protected":false},"excerpt":{"rendered":"<p>If you\u2019ve been looking for a reason to cancel your meditation app subscription, look no further than the 2026 global [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":50312,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"rank_math_schema_Article":[],"rank_math_focus_keyword":[],"rank_math_description":[],"financial_data_references":[],"stock_symbols_mentioned":[],"footnotes":""},"categories":[4331],"tags":[],"class_list":["post-63071","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-trump-stock-market"],"_links":{"self":[{"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/posts\/63071","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/comments?post=63071"}],"version-history":[{"count":0,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/posts\/63071\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/media\/50312"}],"wp:attachment":[{"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/media?parent=63071"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/categories?post=63071"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/tags?post=63071"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}