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Mike Townsend on Trump's Midterm Pressures from Iran & Energy Disruption Timeline
Description
Charles Schwab's Mike Townsend says Wednesday's relief rally has "rational exuberance" but remains riddled with uncertainty. While Mike believes President Trump "bought himself a couple of weeks," rising gas prices is something he sees creating headwinds for the GOP into midterm elections. Existing damages to energy infrastructure in the Middle East only extends the timeline before gas prices see a significant cut.
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