The David Lin Report · Thursday, July 16, 2026
Kai Hoffmann stated that the market impact of the Iran conflict has normalized, with recent news like a Qatari ship being attacked barely moving markets. Investors are hopeful for a resolution, and unless there's a larger event or a significant rise in oil prices, the situation is unlikely to derail markets in the short term.
“Is the Iran war still the trade theme right now in the second half of 2026, or has that normalized somewhat?”
“I think it has normalized. Maybe we've gotten numb a little bit to the news. Like just this morning again, like a Qatari ship was attacked. And the market just barely shrugged. It more reacted to the Samsung news than the Qatari missile. Or the missile that apparently attacked the Qatari ship. So maybe we're getting a little numb.”
“So we'll need to see a bigger event perhaps before it derails the markets again. And then if oil starts to move. Oil barely moved this morning. Uh, we're still below $70 a barrel in the US. And, uh, if that moves again higher, then we'll see, you know, the Fed react to the news. Again, as well. We'll offset market maybe perhaps a bit. But for now, the summer, I think we're safe.”