Focus On What He Does And Not What He Says

Oil is trading near $100/bbl as President Trump's unpredictable messaging on the Middle East raises geopolitical risk and stagflation concerns. The S&P 500 has dropped below its 200-day moving average and over 70% of constituents are down 20%+ (broad market capitulation), signaling heightened risk-off positioning and potential upward pressure on inflation and yields.

Analysis

Oil is trading near $100/bbl as President Trump's unpredictable messaging on the Middle East raises geopolitical risk and stagflation concerns. The S&P 500 has dropped below its 200-day moving average and over 70% of constituents are down 20%+ (broad market capitulation), signaling heightened risk-off positioning and potential upward pressure on inflation and yields.