
Mehul
11.4K posts

Mehul
@risk_return
Macro guy, interested in equities, finance, geopolitics. Astrology enthusiast and unapologetic Hindu! 🙏



New business started by Nihangs in Punjab 😳 Nihang Singh demands money by raiding hotels, hotel operators complain to police, says "We are very upset with them"







BOFA: STOCK MARKET NEAR LEVEL THAT COULD SPUR POLICY ACTION Michael Hartnett warned that if the S&P 500 drops further—around 6,600, just 1% below recent levels—it could trigger a policy response from the White House or the Federal Reserve. Hartnett cited soaring oil prices, a protracted Iran war, and global instability as catalysts. He also flagged overbought assets like gold, semiconductors, and European stocks, while oversold sectors such as software, bank loans, and bitcoin may stabilize once policymakers act. Potential interventions could include easing tariffs, de-escalating the conflict, or Fed stimulus measures like rate cuts or bond purchases.






OK, I suppose we should admit the White House was right, and, all along, they did have a plan to deal with the closure of the Strait of Hormuz. Bomb Kharg Island.

New at THE OVERSHOOT: Markets Are Still Sanguine About the Oil Outlook theovershoot.co/p/markets-are-… Prior oil shocks in 1973 and 1979 involved far larger price increases than what we have seen so far. Yet this shock involves a hit to volumes that is unprecedented outside of Covid.










