Stocks Jump as Trump Announces 39th Peace Deal

Stocks Jump as Trump Announces 39th Peace Deal | MPC Markets Morning Call — 12 June 2026Wall Street surges as Trump declares an Iran peace deal — again. The S&P 500 rips 1.7%, the NASDAQ jumps 2.5%, and the SOX chip index rockets 7%. But is this the real deal, or just the 39th time markets have bought the same headline?In today's episode, Mark Gardner covers:— Why the "boy who cried wolf" keeps working on Wall Street— SpaceX IPO: the biggest listing in history launches tonight at ~1pm New York time— PPI inflation hits 3.5-year highs — and nobody cares— ECB hikes rates — also ignored— Shiller CAPE at 41.5x: top 1% of valuations since 1881— S&P price-to-sales 60% above the dot-com bubble peak— Why smart money is getting cashed up for the midterm pullback— ASX outlook: SPI futures +150 points, REA Group under pressure— Calendar: RBA Tuesday, FOMC Wednesday, Kevin Warsh's first press conferenceMark's take: Don't fight the momentum, don't get frustrated — but don't get suckered in at these levels either. Midterm years have seen a minimum 10% drawdown in every single cycle for 86 years straight. Build your shopping list now.Subscribe for daily market updates before the ASX opens — Apple Podcasts, Spotify, or right here on YouTube.🔗 Software Survivors 2.0 Webinar: mpcmarkets.com.au🔗 Bulls vs Bears weekly podcast — Sp