Arthur Hayes says higher oil will force Trump into anti-AI rhetoric, crashing stocks and Bitcoin
Arthur Hayes says higher oil prices can corner Trump into attacking AI, and that kind of campaign turn could hit stocks, banks, and Bitcoin at the same time. For Arthur, it makes no sense why oil seems ignored when Trump and the IRGC keep trading threats, ships are stuck around Hormuz, the 2-year Treasury yield sits more than 0.5% above fed funds, and AI wealth flows to a small tech crowd.