Trejo argues the reopening of the Strait of Hormuz truncates the upside tail risk for oil, lowering inflation pressure and allowing the Fed to cut (UBS expects two cuts in 2027). This supports risk assets and IPO activity; markets price the base-case normalization, not tail risks like Israel escalation.
implicit
implicit
RUT
implicit
Metals
USD
UBS
8.0
Investment Bank $4300.00B
Jason Trejo 9.0
Investment Bank $4300.00B
Jason Trejo 9.0
6/16/2026 2:16:06 AM
ndx
Trejo sees lower inflation and Fed cuts as supportive for risk assets. The IPO market is strong, and AI/tech is a key theme. The Nasdaq 100 is up 3% on the day, and he endorses the risk-on trade.
wti
Trejo says the upside tail risk for oil is truncated, and the path is gradually better. He mentions $70-75 Brent as a plausible range, implying a downward bias from current elevated levels as normalization occurs.
yields
Trejo expects the Fed to cut in 2027, which implies lower yields. He notes that inflation pressure is easing, which supports a downward trajectory for yields.
Bower sees the IPO market as fundamentally driven, not technically frothy like 2021. SpaceX is a unique transformational story, but the broader market is working across sectors. He expects a very active summer and more PE IPOs in the second half.
Yields
implicit
RUT
Oil
Metals
USD
JPMorgan
9.0
Investment Bank $3170.00B
David Bower 8.5
Investment Bank $3170.00B
David Bower 8.5
6/16/2026 2:16:06 AM
ndx
Bower is very bullish on the IPO market and tech/AI themes. He sees strong capital formation and a fundamental-driven market looking 3-5 years out. The Nasdaq 100 is up 3% on the day, and he endorses the risk-on environment.
Holmquist advises healthy skepticism on the Iran deal; executives are in wait-and-see mode. The labor market shows 'no hire, no fire' with nuance: healthcare is the only sector adding jobs consistently. AI is causing reallocation, not replacement. Stagflation risk has eased but not disappeared.
implicit
NDX
RUT
explicit
Metals
USD
London Business School
3.0
Business School
Rebecca Holmquist 7.0
Business School
Rebecca Holmquist 7.0
6/16/2026 2:16:06 AM
wti
Even if the deal is signed, it doesn't mean that oil prices drop down and that translates to consumer gas prices. We need to understand what's going to happen to the strait, tolls, etc.
yields
Holmquist expects the Fed to do nothing this week, and stagflation risk has eased but not disappeared. This suggests yields remain rangebound in the near term.