‘I thought the oil would be much higher': Trump's rosy Iran war spin risks sending traders the wrong message [Yahoo! Finance]
Goldman Sachs Group, Inc. (The) (GS)
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Source: Yahoo! Finance
Wall Street's top analysts say he's got part of the story right, and the rest dangerously wrong. “Even when it was down more a couple of weeks ago, I was surprised,” Trump told CNBC's Squawk Box Tuesday morning. “I thought it would be down much more, and I thought the oil would be much higher, and I'm very happy to say that it wasn't.” Trump spat out specific numbers, suggesting oil could or should actually be twice as expensive as it currently is: “If you would have told me that oil is at 90 as opposed to 200 [dollars per barrel] I would be frankly, surprised.” The remarks came as Iran-U.S. ceasefire negotiations entered a critical 24-hour window, with Trump warning he expected to resume bombing if a deal framework wasn't in place by Wednesday. With one eye on the ticker—Trump also noted during the interview the Dow was approaching 50,000—the president cast the conflict as an economic near-miss that validated his judgment. The recovery in markets, of course, is entirely self-in
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Earnings
- 4/14/26 - Beat
GS
Sec Filings
- 4/21/26 - Form 424B2
- 4/21/26 - Form 424B2
- 4/21/26 - Form 424B2
- GS's page on the SEC website