UBS quietly nuked every rate cut fantasy while the suits still scream everything is fine.
https://x.com/sayonarashorts/status/2052106342840815922
Oil at $100 for months quietly wrecks the global economy without ever needing to hit $200.
Here’s the reality.
Oil doesn’t need to go to $130, $150 or $200.
It just needs to stay around $100 a barrel for an extended period to wreak havoc on the global economy.
We are unofficially 2 months and 6 days into the Iran War with NO END IN SIGHT despite repeated and…
— Brian Tycangco 鄭彥渊 (@BrianTycangco) May 6, 2026
"I've never seen anything like it before."
Storage tanks for oil, jet fuel, diesel, gasoline will be running out in Europe in May.
Oil storage tanks in the United States will run empty "somewhere in the July 4 period,"
– Carlyle's Jeff Currie pic.twitter.com/TIsL6rKUWX
— Wall Street Mav (@WallStreetMav) May 6, 2026
To say that Trump underestimated Iran is an understatement. The Israelis sold him – and he ended up believing – a narrative that portrayed Iran as so weak that the war would be won within 4 days.
60 plus days later, Trump is still stuck in the mess Israel sold him. pic.twitter.com/gv4cLbtxBC
— Trita Parsi (@tparsi) May 6, 2026
This isn’t sustainable pic.twitter.com/MTZ5aIsVt9
— Washingtons ghost (@washghost1) May 7, 2026
The forward-looking pulse of the US economy remains in a downward trajectory… it’s essentially DEAD. Now, let’s add the still incoming oil shock.
Weak/dead forward pulse. Higher energy costs. Shipping stress. Supply-chain pressure. Consumers already under pressure. Markets still being fed “plan” headlines.
The LEI Conference Board itself is warning that rising oil prices and supply-chain tensions WILL ADD “pressure” (THERE IS THAT WORD AGAIN), to inflation and further reduce consumer purchasing power.