The Rhyme: Hormuz Shuts Down & Its 1990 Echo
Same trigger, same oil shock, same stock damage, same Fed paralysis, same reserve release to buy time, and the same word on every desk. The rhyme is almost too clean. So watch oil, not the headlines. If Brent rolls over — whether from a deal, a military reopening of the strait, or demand simply falling off a cliff — history says the equity bottom follows within days, not months. That's the lesson from 1990, and right now it's the only one that matters.
