Matteo Ramenghi 3.5 1 idea

"In our base case scenario, we think this conflict will last only a few weeks... The energy price may fall back to $65." The market is pricing in a worst-case scenario. If the conflict is contained quickly, the sell-off in European industrials and cyclicals offers a discount on quality assets. WATCH European Equities (Buy the dip ONLY if oil stabilizes/drops). The conflict expands into a regional war involving Saudi Arabia directly, keeping oil at $100+.