BS Summary: This video contains 31 faulty reasoning types, including Appeal to Authority, Availability Heuristic, and Hasty Generalization, with Overconfidence Bias as the most egregious example at 26.6% saturation with 282 hits. Analysis detected 2,299 faulty-reasoning hits from 1,059 analyzed words, generating a BS Score of 86.8% and a BS Rank of 92% (1,470 of 16,813 videos). This video is worse (more manipulative) than 91.30% of the video peer group.
All right, right now we are watching the American stock market because stocks are way up.
That's about a,200 point gain on the Dow.
A two and a half% jump.
Uh oil prices are down big time as well.
Last I looked down about $19 in a single trading session.
That is a 17% drop.
This is the White House says the US and Iran will hold peace talks this Saturday in Pakistan.
Let's bring in Kevin Olirri, chairman of Oly Ventures.
Kevin, you and I were just chatting for TikTok.
um because I wanted people to hear from you what's happening with these markets.
Historically speaking, I said to you and you can give our viewers your reaction.
Normally, when you have this amount of geopolitical conflict, this this amount of geopolitical risk years ago, I would have I would have guessed that oil prices would be up at $200 and you know,
the equity markets would still be spooked.
We're in the middle of this ceasefire.
What say you?
>> Well, we have some factors on our side.
Number one, most people think now within 8 weeks, this thing will be resolved one way or another, some kind of a deal in keeping the straight open, maybe multinational, we don't know. Uh,
however, we have something working for us that we've never had before in the last 18 months.
AI has proven to be a powerful metric inside the S&P 500 and globally for margin enhancement and productivity in a way that no one saw coming.
>> Meaning that's providing strength in this market
>> in every sector of the economy, all 11 sectors.
And if you look historically to have really an effect on the economy
towards a recession on energy prices,
you need oil at above 95 for at least 3 months.
I don't think it's going to stay there.
It's going to go back to the 70s pretty soon.
We saw the shock today on the downside.
Oil traders got caught offside.
I mean, I I I have to be optimistic.
And the other thing is this was an AI tech war.
There were some boots on the ground rescuing those F-15 fighters, but the rest of this was precision munitions from space and all kinds of different ways to use it.
What we've learned, warfare is changing.
And the country with the best AI is going to win.
Just think about China if they attack Taiwan.
If you've got data centers and you got AI, you win.
So, we better go chop chop and catch up with the Chinese guys.
>> Yeah, you've been big on that uh for a long time.
I just want to put this up on the screen.
This is the a snapshot of the oil price drop that we saw the second that we got that ceasefire deal.
You saw those prices work their way down, dropping below $100 a barrel.
They're still there right now at $94.
And you look at the timeline of the oil prices that we were looking at, as you just said a moment ago during the commercial break, throughout President Trump's presidency, they've been around $70, a little bit less, a little bit more than that.
Um, obviously this is what has elevated those prices, but far off the highs that we were seeing in April where they went above $111 a barrel.
barrel. This is Delta CEO Ed Bastion on the recent drop in oil prices.
Kevin, I want to get your reaction to this.
Listen,
>> we're happy to see the the sell-off and we hope that this is the end uh not the end, but you know, the start of an end to uh to the the uh conflict and a peaceful resolution is achieved soon.
But the reality is is that it's it's a very volatile situation.
We know we're going to be higher for longer off of whatever price you want to look at.
>> What do you take away from that?
>> Uh Delta is a pretty good airline.
One of the best in terms of profitability.
My bet he has a hedge on anyways.
This guy probably his own book.
>> Well, no, but he's probably hedged his pricing.
This is number one input cost is energy.
Uh obviously this is good for airlines, good for jet fuel.
It's good for airlines, good for jet fuel.
It's good for economies all around the world. But that's the thing. This is a commodity for all economies.
So if you're with Japanese, 73% of what you buy in energy comes through that straight.
Chinese need it too. Singapore, all of Asia. So we have everybody's got skin in the game.
And so you talk about keeping open game.
And so you talk about keeping open that straight.
If it's going to cost 5, six, seven billion a month.
>> I think everybody's going to pay.
>> I think that's really interesting. This is an update to that point from the
White House through Caroline Levit at that briefing about tolls to go through the straight of Hormuz.
It's something it's an idea the president has floated as you know uh and it's something that will continue to be discussed over the course of the next two weeks.
But the immediate priority of the president uh is the reopening of the straight without any limitations whether in the form of tolls or otherwise.
>> So what about that? Iran says we'll collect tolls.
President Trump says well we'll we'll collect tolloles.
This will be a partnership.
>> Exactly. And I think about this if you knew with certainty you would get through and you had to pay a price insurance premiums would come down.
All the other important waterways, Suez Canal, Panama Canal, we don't have rogue nations controlling those.
So there's a cost to get through with certainty.
I think the market would be willing to pay for that.
And that could also fund, you know, what Iran's going to need to rebuild the infrastructure they've lost.
It depends if they really want peace or not.
If they don't, there still could be a tithe, but it would be for the nations that care. region, UAE, Bahrain, Saudi
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