Robbie Bernstein
๐ค SpeakerAppearances Over Time
Podcast Appearances
Israel is not, and so for the moment, Iran is walking away.
I mean, that's the latest.
Yeah, I think Donald Trump is kind of content to sit in the...
somewhat neutral ceasefire stage where there's limited strikes on both sides and just wait and see if maybe he somehow gains leverage.
And I think the reality of the situation is he's just prolonging the problem.
And at some point, gas prices are actually going to come up significantly.
And then Donald Trump's going to have no choice but to basically make the deal that you just said.
And the real loser in that is, well, Israel's the biggest loser.
also has a problem of, I think some of our regional partners are
going to view us as significantly less reliable, but the real loser is going to be Israel.
And I don't think Donald Trump is willing to change the reality until he's absolutely forced to, which is going to mean either more of an all out war with a massive devastation in the region or such a bad trajectory for gas prices and midterms that, you know, he finally decides he has no choice.
Yeah, well, the chatter last week is just this is not my specialty by a long shot, but that oil reserves have been drawn down and that that's what was kind of keeping prices somewhat stable.
And now we're coming to more of the breaking point of where you're going to see big increases.
That kind of lined up with the fact that Donald Trump was seemingly looking to offer some concessions last week to end the war, even though he has now walked it back from that.
So, I mean, that was the storyline last week is that โ
We're hitting like kind of a crucial stage for when you're going to see oil increases.
But I don't know how to look at oil charts and tell you whether or not that's accurate.
I laughed when I saw it because I was like, man, this is the one time I've ever seen Donald Trump not want the attention that I guess things are going poorly enough that he's like, guys, quit with all the reporting on me and what I'm doing.