nbbob said:Ag87H2O said:nbbob said:Logos Stick said:
Good news...BREAKING: President Trump says he thinks he will have a deal with Iran to extend the ceasefire and reopen the Strait of Hormuz "over the next week," per ABC News.
— The Kobeissi Letter (@KobeissiLetter) June 1, 2026
Trump says there are still "a few more points" to get to for the deal.
I think we've been hearing for weeks now that a deal is close. Hasn't happened yet.
I think Trump is being truthful about the negotiations but still in a difficult position from a media and timing standpoint and is doing his best to manage the markets. He keeps talking them back down even though it is not entirely clear to everyone what is really going on. He is trying the thread the proverbial needle.
I think he's definitely saying things to help the markets. Honestly I'm kind of surprised the markets keep buying it.
To me, this goes back to strategy. I think we assumed the massive onslaught would both encourage the Iranian people to uprise and would convince the IRGC it couldn't win so they'd abandon the war. Neither happened so we are sitting on these ceasefires which actually aren't ceasefires. I also don't think we anticipated the SoH becoming the issue it has become since it doesn't appear we strategized to stop or prevent this scenario.
He absolutely is trying to help the markets; that's pretty obvious.
Regarding strategy though, remember that we told the Iranian people not to rise up until we were finished. Thats another fact that has been lost in this whole thing. So this assumption of a revolt that never happened is potentially a wrong one, frankly, in the face of strategic mixed messaging and misaligned timing.
So, they either missed the window on that, and/or the thousands that did rise up and got killed did so before we thought the regime was ready to be toppled. The ones that did rise up already and prematurely in our estimate(?) would have been the bravest of the lot and now most of them are dead.
On top of this, we dumped a lot of guns to the Kurds who we thought would open a front against the IRGC and the Kurds simply took our guns and walked away...this according to Trump himself.
