This Big Bull and Bear Agree on One Thing: The Market Thinks the War is Over

It’s hard to get stock market bears and bulls to agree on anything, but two prominent, eponymous economists finally found common ground this week. Rosenberg Research’s David Rosenberg, a prominent bearish commentator, and Yardeni Research’s Ed Yardeni, a so-called perma-bull, both made the case in recent notes that the stock market believes the war in Iran is coming to an end. Rosenberg titled his Wednesday morning note, “Risk-on Markets Have Priced in the War’s End – What Next?” while Yardeni published “Mr. Market Says The War Is Over” late Tuesday evening.