President Donald Trump expressed surprise Tuesday at the U.S. economy's resilience during the conflict with Iran. Speaking to CNBC, Trump noted that oil prices—currently near $90 per barrel—stayed well below his expectation of $200. While he cited the Dow’s approach toward 50,000 as validation of his judgment, analysts warn his assessment may be flawed. The remarks coincide with a critical 24-hour window for ceasefire negotiations; Trump warned that bombing would resume if no deal framework is reached by Wednesday. Read the full story at Fortune (subscription).

Source · Fortune