Brian Szytel recaps a record rally on Wednesday, April 8, with the Dow up 2.85% (1325 points), S&P 500 up 2.5%, and Nasdaq up 2.8%, driven by news of a two-week U.S. extension for Iran negotiations tied to a temporary reopening of the Strait of Hormuz that sent WTI oil down 16%, helping CPI and Fed futures price in greater odds of rate cuts; bonds also rallied slightly with the 10-year ending near 4.30%. He notes the S&P has risen six straight sessions and is within ~3% of its January closing high, argues investors must stay invested through headline-driven volatility, and discusses ongoing strategic risks around Iran’s control of shipping lanes and implications for global GDP. He answers a question on who is most affected by Hormuz disruptions, citing Bahrain as most vulnerable and Kuwait as better buffered by sovereign wealth funds, and highlights March FOMC minutes showing concerns about higher inflation and softening labor.Links mentioned in this episode:DividendCafe.comTheBahnsenGroup.com