Bobilicious
5.8K posts
@Bobiliciousing
Gamelan this cycle: 1. Hold BTC, MSTR, ~IREN 2. Everything else 0 loyalty / trade For godssake, not financial advice
Iran War: Many claim US had no plan for this war. Its an important election year and presidential legacy defining decision, so highly doubt this was done randomly. What seems likely is the US underestimated Iran's military capabilities or their management of the Straight of Hormuz. Whatever the reason, US is now in the shit and a global energy crisis is in full swing. Bond market unraveling, stock market unraveling, inflation looming, threats of interest rate increases. Trump tweets are now falling on deaf ears and its becoming very clear this is not Liberation Day 2.0. Many allies are probably pressuring to end this immediately, as their own countries are being squeezed on the energy front. Clock is ticking and each day this goes will be weeks/months of bad economic data in the future. Iran has played its card very well and boxed in the US. Trump will have little choice but to cave to some terms soon - 'The Art of the Deal'. Of course he will tell everyone he won but everyone knows this is nonsense. What's very different about this and the tariff war is months of bad CPI/PPI data coming down the pipe. It will be unstoppable. Can only hope it will be a blip but highly doubt the market will view it positively. This is why many of us anticipate a second wave down sometime in the spring/summer.
