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But we saved everything 🙂.
Markets are entering a new stage where daily headlines from the Strait of Hormuz are having less impact on prices, according to Brian Sullivan. Traders and investors appear to be largely discounting routine geopolitical developments, even as an Iranian faction reportedly seized two ships.
Despite these reports, futures moved higher and oil prices showed little reaction. Sullivan suggested that unless there is a major disruption to energy infrastructure, day-to-day events are already priced in by the market.
Brian Sullivan recently highlighted that several S&P 500 stocks have risen over 10 percent since Monday as momentum accelerates in equities, according to his report. He has also discussed the role of futures contract roll mechanics in shaping market outcomes. These insights follow his latest comments on the limited impact of routine geopolitical events on pricing.