Oil is approaching $110, the $Cboe Volatility Index(VIX)$ might hit 40 and futures are getting destroyed as people de-risk into a macro shock of inflation, geopolitics and slowing growth.
Every bear account on FinTwit is having the weekend of their life but moments like this are exactly how markets transfer wealth from the impatient to the patient.
This type of macro fear does not discriminate between the companies with real problems and the companies with generational tailwinds. It sells everything in the same motion and that is the OPPORTUNITY.
So the question I’m asking myself heading into this week isn’t “how bad does it get?”
It’s one question: did the AI demand thesis just break?
And I’ve seen zero evidence of that.
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President Trump says oil prices will “drop rapidly” once the Iran nuclear threat is eliminated.
He added the current spike is “a very small price to pay for U.S. and world safety and peace.” $WTI Crude Oil - main 2604(CLmain)$
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