Kevin Warsh probably just gave markets a reason to breathe — you know, that classic setup where things look like they might actually turn green heading into September.

Then Trump immediately nuked the vibe by saying the U.S. will hit Iran 'HARD.'

And just like that? Markets are tanking again.

It's the same old story. One guy tries to calm things down, another guy lights a match. Doesn't matter how good the setup is if geopolitics decides to show up uninvited. You can have all the bullish technicals you want, but when stuff like this hits the wire, risk-off kicks in fast.

Welcome to trading in 2025. Or any year, really.