Iran’s political class is not known for speaking like a cohort of day traders, but that is precisely the tone struck in recent weeks by Iranian parliament leader Mohammad Bagher Ghalibaf.
His posts on X read less like the rhetoric one associates with a theocratic state than a particularly online macro newsletter.
“Do the opposite,” he advised followers recently, treating statements by Donald Trump as a kind of reverse market indicator. “If they pump it, short it. If they dump it, go long. See something tomorrow? You know the drill”.
Days earlier, Ghalibaf wrote: “They’ve spammed so much fake news trying to push energy prices down that the market’s just numb now. Keep going, nobody’s buying it any more. The real prices will show up anyway.”
With the brisk and declarative tone of a trader on caffeine, one wonders if Wall Street might be his next posting. As Bloomberg’s Javier Blas quipped, you half expect a Substack blog or a podcast to follow.