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This Has Never Happened Before

By Seeking Alpha April 21, 2026 Bearish
This Has Never Happened Before
Despite geopolitical tensions and surging oil prices, major indexes remain near all-time highs, driven by relentless CTA-driven momentum buying. I am reducing risk exposure, as I believe investors underestimate the economic impact of the prolonged Strait of Hormuz closure.
Despite geopolitical tensions and surging oil prices, major indexes remain near all-time highs, driven by relentless CTA-driven momentum buying. I am reducing risk exposure, as I believe investors underestimate the economic impact of the prolonged Strait of Hormuz closure.