In our view Trump caved. Why? Members of his own party were afraid of getting beat. They put pressure on him to make a deal. One thing that constituents look at are GAS prices, they were through the roof. Inflation was not tamed, but on the rise, this was do to constraints in the food chain, this had nothing to do with the war with Iran. For instance, floods, droughts caused the meat supply to shrink. Cattle farmers culled their heards because they couldn’t feed them any more.. Fertilizer was in short supply due to the war in Ukraine which Trump is trying his best to get Putin to come to the table.
As we said numerous times before “VERIFY THEN TRUST” there is no other way as we go forward with a 60 Day MOU. In the days ahead we will find out what is in it. That’s our take.
