Stocks sit near record levels while oil risk builds and 2022 conditions show how fast SPX can reprice

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SPX IS ABOUT TO REPEAT 2022

And nobody is ready for what comes next.

2022:
Russia → Ukraine war, Oil +70%, SPX -28%.

2026:
U.S. → Iran escalation, Oil → already +70%.

And SPX?

Still near highs. Still hasn’t reacted.

Let me show you something most people ignore:

Since 1990, every major oil shock above +50% has been followed by an equity drawdown.

1990 (Gulf War): Oil spike → S&P -20%
2008: Oil → $147 → S&P -57%
2022: Oil +70% → S&P -28%

Energy reprices first.

Equities lag behind.

Then they catch up.

Today we’ve got:

– FED hikes rates
– Inflation is exploding worldwide
– Liquidity tightening

This setup didn’t end well in 2008.

It didn’t end well in 2022.

We’re getting the same conditions again.

Remember, I’ve predicted all the market tops and bottoms for the last 15 years.

When I EXIT the markets completely, I’ll say it here publicly, like I always do.

Many people will wish they had followed me sooner.