Roberto Chamorro gilaberte
❌ Stay calm this is not the end of the world. Oil has just broken above $100. Right now it’s trading at $104. +66% in one month. The biggest energy shock since the invasion of Ukraine in 2022. And Trump has just posted this: “The price of oil will drop rapidly once the Iranian nuclear threat is destroyed. It’s a small price to pay for global security.” With oil at $104, U.S. inflation which was running around 2.4% could move closer to 3.5% if this situation lasts for several weeks. The Fed won’t cut rates. Mortgage rates won’t fall. The American consumer ends up paying more at the pump than during the Biden administration. And the midterm elections are approaching. That’s why Trump has the strongest incentive to end this situation as quickly as possible. Not because of the markets. Not because of the global economy. Because of his political survival. Every day oil stays around $100 costs him votes. Paradoxically, that’s the best signal that this situation is unlikely to last too long. Volatility, noise, fear… even he is telling us. This will not drag on for long. Stay calm. None of us likes this uncertainty, but the work is already done. Roberto Chamorro $NSDQ100 $SPX500 $OIL $EUROOIL $GOLD
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