When small business bankruptcies jump 50% and the government's solution is a $50 million manufacturing grant, Washington isn't saving Main Street — it's photographing the funeral and calling it support.

The Macro Butler is back on Asharq Bloomberg TV — and oil just joined gold at the bottom. 🛢🥇🔥
While the consensus is busy staring at China export data and missing the bigger picture, The Macro Butler delivered three calls that will matter for the rest of 2026:

🛢 Oil has bottomed. Season 2 of the Empire’s Middle East excursion has restarted in earnest, Ukrainian drones are hitting Russian refineries deep inside enemy territory, and war-related shortages are already queuing up to drive prices higher. The geopolitical premium didn’t disappear — it went on sale. Temporarily.

🥇 Gold and oil both erased their war premium at the same time — and both are now coiling for the same reason: a world where peace deals have expiry dates and every ceasefire comes with a restart clause.

💥 $120+ oil is not a tail risk — it’s the base case. And when it arrives, it will pour rocket fuel on the inevitable Trump Stagflation while every central bank discovers simultaneously that it is trapped between hiking into a recession and cutting into an inflationary boom.

📺 Watch the full interview on Asharq Bloomberg TV.

https://themacrobutler.substack.com/p/interview-with-asharq-bloomberg-tv-b19