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MIB Daily: Oil Crashed on a “Fabrication,” Cook Still Wants to Hike, SNOW Surged 34% — Stagflation Verdict Thursday

By RecessionALERT on May 27, 2026 in Reflections

Iran state media’s Hormuz peace framework crashed WTI 4.69% to $89.49 and lifted the Dow to record 50,670; the White House called it a “complete fabrication.” Fed Governor Cook issued 2026’s clearest hike signal — “I am prepared to raise rates” — with April PCE at 3.8% due Thursday. Snowflake surged 34% on record sequential growth and a $6B AWS deal; QCOM shed 6% after a near-30% weekly run. Thursday’s GDP, PCE, and durables are the year’s peak positioning risk.

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MIB: Four Days to War — Iran Denial Sends Gold to $4,509 as Tech Cracks and Bonds Flash Stagflation

By RecessionALERT on March 24, 2026 in Reflections

Iran ceasefire countdown (4 days remain) fades as Iran denies talks — Gold surges to $4,509 (+1.58%). Alphabet (GOOGL -3.85%) faces EU DMA fine deadline tomorrow; potential $34B fine looms. Tech rotation intensifies: Nasdaq -0.77% vs. Russell 2000 +0.53%; Oracle -4.70% despite BofA Buy reinstated. GE Vernova +3.03% on Morgan Stanley $960 target. Richmond Fed manufacturing hits 0 — first non-negative in over a year. Goldman Sachs delays first Fed rate cut to September.

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