Powell just nuked the "Rate Cut" dream with a single phrase: "Energy Shock."
The S&P 500 just had its worst Fed day since 2024, and the reason is bleeding red across every chart.
Israel hits South Pars. Iran hits Ras Laffan. Brent Crude at $111.
This isn't just a "dip" anymore—it’s a macro repricing of global risk.
When oil spikes like this, inflation isn't "transitory"; it’s a permanent anchor on growth.
The Fed is backed into a corner, and they aren't coming to save your longs before June.
Bond yields are screaming, but most retail traders are still looking for a "bounce" that isn't coming.
If the Strait of Hormuz stays this hot, $111 Oil is just the beginning.
Are you still holding "Risk-on" assets, or have you realized the game changed today?