David Woo: Why Israel’s Iran Strike & a Trump Win Are Bearish for Oil

David Woo accurately predicted that an Israeli strike on Iran was imminent exactly two weeks ago here on Wealthion. We’re privileged as James Connor welcomes David back to update us on the geopolitical and market implications of last Saturday’s events. Calling the strike a “stroke of genius,” Woo discusses its impact on Middle Eastern stability and why it’s bearish for oil. He also shares his predictions for the upcoming U.S. elections, forecasting a Trump win and the potential impact of a Republican administration on the U.S. economy, equity markets, an increase in oil production, and its effects on the global geopolitical landscape.

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Find David's YouTube Channel here: https://www.youtube.com/@DavidWooUnbound

Chapters:

0:58 - David’s Accurate Prediction of Israel’s Strike, Current Assessment, Geopolitical Significance & Market Implications

11:28 - Predictions for Iran’s Next Moves

15:57 - Turkey’s Position in the Middle Eastern Conflict

19:02 - Bearish Oil

21:33 - U.S. Elections: Harris vs. Trump on Foreign Policy

24:53 - Woo’s Perspective on Justin Trudeau and the Canadian Economy

26:35 - How a Trump Victory Could Affect the Ukraine Conflict

29:48 - Russia-North Korea Defense Agreement: Implications for NATO

31:47 - Could Russia Sign a Defense Agreement With Iran?

36:53 - David Woo’s Advice To His Investment Clients

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