Oil at Multi-Year Highs, S&P Down 5.5%, and Ian Bremmer Says Markets Haven't Even Started Panicking Yet
The Hormuz crisis is rewriting energy valuations in real time — and most retail investors are still staring at the wrong tickers
Ticker Ratings
Let's set the scene: Trump issues a 48-hour ultimatum to Iran over the Strait of Hormuz. Iran responds by launching a ballistic missile nearly 4,000 km at a U.S.-U.K. base — almost double their previously disclosed 1,200 km range. Qatar's South Pars gas fields get hit, knocking out 17% of LNG capacity. And Bloomberg's Ian Bremmer goes on air to say, calmly, that none of this is priced into markets yet. Great. Fantastic. Love that for us.
The tickers feeling this most right now are energy names and anything sensitive to fuel costs. $UAL is already warning about surging costs at $175/barrel — though we're giving that one a rest since it's been covered. The real play the data keeps pointing to: energy producers with U.S.-based or Latin American exposure. Meanwhile, $BYND delayed its 10-K filing and missed revenue — again — continuing its tradition of finding new creative ways to disappoint. The stock has lost over 90% of its value since its IPO. A cautionary tale wearing a plant-based meat suit.
The Traveling Trader notes tech and financials are now trading below their 10-year average forward PE ratios — cheaper than Liberation Day lows. Federated Hermes' Martin Schulz is already dipping toes in, favoring Latin America, Japan, and South Korea. History says the 4-6 week peak uncertainty window is almost up. Whether you believe that or the 'lost decade' crowd is basically your entire investing thesis right now.