Tensions in the Middle East are escalating sharply, with ships repeatedly getting hit in the Red Sea, causing supply bottlenecks. Brent crude oil prices have surged, touching the $100 mark!

This is basically one half of the worst-case scenario we were worried about. When oil breaks through $100 like this, the near-term pressure on US inflation is essentially “catching fire,” and the prior rounds of cooling have basically gone down the drain.
Now, the door for the Fed to reverse course and cut rates by 0.25% in the coming days is no longer baseless rumors—it’s now on full display as of the first day. Psychological pressure is weighing on the entire market, from stocks to crypto, stretching things tight like a violin string.
In this kind of storm, don’t be in a rush to itch and jump in to catch the bottom, guys. Just stay outside and observe; manage your capital properly and make sure you’re solid first. Wait to see how the Fed responds to this $100 oil level, then make the next move!