The Iran War, Oil, and Stock Market FLIP [March 10]
Summary
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Opinions
BRENT (commodity)
The speaker is skeptical of predictions that oil will reach $150/barrel, citing options market data which shows very little open interest in call options with strike prices above $120.
MSFT (stock, NASDAQ)
The speaker expresses concern that Microsoft's valuation is quite high, having returned to COVID-level highs relative to the S&P 500.
Topics
Oil options market analysis
Geopolitical conflict in Iran
Impact on oil prices
International diplomatic and military responses
G7 and IEA meeting on strategic oil reserves
Macroeconomic impact (Inflation & GDP)
Microsoft (MSFT) stock analysis
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