
Bloomberg Businessweek Trump Questions If Iran Deal Possible as He Amps Pressure
Mar 26, 2026
Michelle Jamrisko, White House and national security reporter, breaks down U.S.-Iran talks and military moves. Len Tannenbaum, private credit veteran, explores stress and opportunities in credit markets. Amy Rubenstein, multifamily investor, talks distressed workforce housing strategies. Axel Merk, macro and gold specialist, examines gold dynamics amid shifting real yields and fiscal pressures.
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Trump's Mixed Signals Fuel Market Volatility
- President Donald Trump mixed optimism and threats about Iran negotiations, creating market uncertainty.
- Michelle Jamrisko notes Iran acknowledged receiving the US 15-point plan while Trump publicly hedged on whether a deal is possible.
Negotiation Optics Are A Primary Market Brake
- Markets calm when US projects negotiation momentum, while energy prices spike on doubts about a quick resolution.
- Michelle Jamrisko points to Treasury and envoys (Witkoff, Kushner, J.D. Vance) as actors trying to reassure markets about talks.
Choose Private Credit Deals With Covenant Visibility
- Be selective when investing in private credit; leverage levels and weaker covenants have increased risk.
- Len Tannenbaum warns of higher leverage, payment-in-kind structures, and a frothy market that may now correct.
