TACO Tuesday: From Deadline Drama to Ceasefire.

This wasn’t a market today. It was just a series of knee-jerk reactions to a messy flood of conflicting headlines. After rejecting the earlier U.S. 15-point framework, Iran put forward its own 10-point counter-proposal. Mediated through Pakistan, and with a last-minute push from China urging flexibility, both sides have now agreed to use Iran’s plan…