Jun. 14 at 3:49 AM
$NVDA $AMZN $SPY $QQQ It’s not that markets will be just green for a day on Monday, but that they should be leaning structurally bullish for an extended period going forward.
If the Hormuz situation is truly over, all of that production comes back on line and the stranded Persian Gulf shipping capacity comes back out on to market. Energy down, inflation down, interest rate expectations should go down with it.
The Hormuz crisis has been managed well enough, by having a competent administration, that oil is only at
$80/barrel and inflation not really all that much, after months of a Hormuz choke on supply. It means inflation is going WAY down when all that opens back up.