What Meet Kevin said in this video:
- GeopoliticsneutralThe host argues that the worse the stock market performs, the more likely Trump is to sign an Iran deal quickly, because he wants the bleeding to stop and treats the market—not polls—as real news; thus a selloff pushes him toward a deal.Source
- Bonds & Ratespositive for stocksThe host notes that hot data should normally push 10-year Treasury yields higher, but buyers are instead pushing yields down; he expects bond values to surge like a rocket ship after an Iran deal is reached, implying higher bond prices and lower yields.Source
- Otherpositive for stocksThe host believes that the more the stock market falls, the more likely Trump is to quickly sign an Iran deal to stop the bleeding; once the deal is reached, stocks should surge like a rocket ship, so market weakness ironically raises the odds of a subsequent equity melt-up.Source
- OtherneutralThe host asserts that Trump judges himself by the stock market rather than polls—he calls polls fake news and the market real news—so a falling market makes him nervous on a daily basis.Source