THS LIVE | Brent Tags $118 as Nasdaq 100 Slides 3.8% & Bracing for Post-Midterm Strikes
Brent futures tagged $118 early this morning, a six-month high, and the Nasdaq 100 is down 3.8% since we last went live Wednesday, sitting at 28,518, its lowest level in a month. Fresh attacks on ships in Hormuz and Saudi energy assets, Trump getting briefed on military options, and a Vance letter Iran hasn't answered: everyone is positioning for the Tuesday after the midterms. Meanwhile Fed Chair Warsh says rates are biting and oil is feeding inflation expectations, yet he won't call conditions tight, so a December hike stays on the table. Gold and Bitcoin sit at one-month lows and the VIX just touched 20. Is the market bracing, or about to get blindsided? We go live at 11.
💥 Have you left your "honest ⭐️⭐️⭐️⭐️⭐️" review?
This episode is proudly brought to you by Fridays.
Because real wealth starts with your health. If you want to feel sharper, stronger, and more in control, visit joinfridays.com and use code HIGHER for an exclusive discount.
📩 NEWSLETTER: https://tr.ee/O6FWkv
👕 THS MERCH: http://www.thspod.com
🔗 Resources:
Analysis: Kevin Warsh is keeping Wall Street guessing. It may be his most powerful tool (CNBC Top News)
Kevin Warsh Admits Rising Oil Prices Are Fueling Inflation Expectations as Trump's Energy Holdings Reportedly Soar 3X Amid Iran War (Benzinga News)
Brent January Futs Hit New Highs As Oil Market Braces For Post-Midterm Gulf Escalation (ZeroHedge)
The Day After Midterms: Diplomacy Or Another "Epic Fury"? (ZeroHedge)
Oil Prices Fall as Traders Weigh U.S.-Iran Diplomacy (WSJ)
⚠️ Disclaimer: Please note that the content shared on this show is solely for entertainment purposes and should not be considered legal or investment advice or attributed to any company. The views and opinions expressed are personal and not reflective of any entity. We do not guarantee the accuracy or completeness of the information provided, and listeners are urged to seek professional advice before making any legal or financial decisions. By listening to The Higher Standard podcast you agree to these terms, and the show, its hosts and employees are not liable for any consequences arising from your use of the content.
