US-Iran tensions have been capping US stocks all along: Trump’s comment triggered a rally

US stock markets have recently shown resilience despite softer-than-expected US core inflation reports due to ongoing tensions with Iran. Following initial growth after the CPI release, stocks began to decline as Trump confirmed the cancellation of meetings with Iranian officials, which heightened fears of military confrontation. However, Trump's subsequent comments indicating a halt to violence in Iran alleviated these concerns and led to a rally in US stocks. The easing of tensions is further supported by the return of normal air traffic in Iran, boosting investor sentiment. The overall outlook for US equities appears bullish, fueled by a strengthening economy, easing inflation, and a dovish Fed approach, potentially leading to new all-time highs without the threat of military action.