Jason Calacanis
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Appearances Over Time
Podcast Appearances
That's crazy.
Did you choreograph that or was that more spontaneous?
I took it.
I took it.
That would have been no bueno.
Those would be some super racist Trump accounts.
I think the most important thing that I saw this week was, I think President Trump was asked about the war, and he said the war would be over very soon.
What did the market do?
The market literally took oil from 120 a barrel to 90 a barrel, almost in, you know, nanoseconds.
I think that that sort of tells you what everybody thinks.
To the extent that the market really didn't believe it, oil would not have budged.
And if anything, it would have faded those comments and you probably would have seen oil stay at around 120 or even go slightly higher.
So the fact that there was this reflexive move I think is a belief by a lot of the sharps
that there is no path to a sustained conflict.
There's going to be a lot of chest bumping from the Iranians, obviously, because they need to save face and they will want to set up whoever comes next to have the most successful chance of governing.
So my perspective is that was a trial balloon.
I think it validated what everybody thought, which is that this is going to be a short run thing.
I agree with that.
The downstream impact is, I think, correct what Brad said, which is it could show up in some short-term price spikes.
But then on March 11th, you saw what Chris Wright did.