Kallum Pickering 3.8 2 ideas

US-Iran talks are resuming amidst threats of military force; US sending fighter jets to Israel. The "one big risk" to the current market rally is a supply-side shock, specifically a blockage of the Strait of Hormuz, which would make energy physically unavailable regardless of price. Watch for geopolitical escalation as a signal to hedge equities with Energy/Oil exposure. Diplomatic breakthrough in Geneva de-escalates tension.