A two-week ceasefire agreement between the United States, Iran, and Israel has been announced, marking the ninth step in Trump's conflict resolution strategy, according to The Kobeissi Letter. This development, which aligns with Trump's approach of applying pressure for concessions, is expected to impact markets significantly. The ceasefire, effective April 8, 2026, aims to facilitate a lasting peace agreement. The Kobeissi Letter highlights the similarity between this ceasefire and Trump's previous 90-day tariff pause, suggesting a pattern in his negotiation tactics. The firm anticipates a market repricing following the ceasefire announcement, with potential equity rallies and a drop in oil prices as shipping routes reopen. Investors are advised to prepare for rapid market shifts as defensive positions unwind.