JP Morgan calls for annihilating Iran: a sign of war or market manipulation?
JP Morgan CEO Jamie Dimon has declared that the United States must 'defeat Iran even if it destroys the stock market'. The remark, released on April 1, has unleashed a torrent of analysis: is it a sincere warning or a ploy to scare retail investors and buy cheap? The market context suggests the latter. That same day, panic dragged the markets down, allowing big players to accumulate positions. By April 16, the S&P 500 had already recovered and hit new highs. The pattern is identical to April 2025 with Trump's tariffs: media hype, drop, institutional buying and rebound.
The war business: oil and arms
JP Morgan has invested heavily in defense, and a conflict in the Middle East would send military spending soaring. But the real prize is oil. With the Strait of Hormuz blocked, the United States, as a net crude exporter, becomes the forced supplier to Europe and Asia. A barrel at $60 is of no interest when you can sell at $100. The bank's messages coincide with an escalation that shuts down energy routes and drives up hydrocarbon prices. Those long on energy are laughing; those with diversified portfolios had better brace themselves.
The antiestéticar strategy: April will be worse than March
The thread includes a warning: 'Go short on everything and long on oil. April will be much worse than March.' The reasoning is that the official 'buy the dip' narrative is a trap. Insiders use the panic to sell overvalued positions to retail investors, right before an orchestrated crash. The key date is Wall Street's Friday close, when troops could be launched while the markets are shut. The pattern is not new: we saw it in 2025 with the tariffs.
Two opposing readings
One camp holds that Dimon's statement is sincere and that war is inevitable. The data suggest the Western oligarchy needs a conflict to restructure debts and control resources. Another position, minority but loud, claims it is all theater: the market has already priced in the war and the real danger is a global recession. Both agree that retail investors will come out badly bruised.
The debate leaves an open question: if the big banks know a catastrophe is coming, why don't they hedge? The answer is that they don't hedge: they trigger the catastrophe and hedge at the same time. History teaches that antiestéticar sells, and the one who sows it is usually the one who harvests the crop.
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