Wall Street Bulls Are Staring Down $100 Oil, Tariffs, AI Angst
THE SO WHAT
Macro is now attacking from three sides at once—energy, trade, and AI-driven repricing of business models—so multiples on anything capital-intensive or labor-heavy will stay volatile. Operators should stress-test 2026–2027 plans for $100 oil, higher input tariffs, and slower-than-hyped AI productivity gains at the same time, not in isolation.
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