# The Market Erased The Entire War

Page: https://stenobird.com/podcast/know-your-risk-podcast-218898/the-market-erased-the-entire-war
Text version: https://stenobird.com/podcast/know-your-risk-podcast-218898/the-market-erased-the-entire-war.md
Podcast: [Know Your Risk Podcast](https://stenobird.com/podcast/know-your-risk-podcast-218898)
Published: 2026-06-24T20:42:41+00:00
Episode link: https://www.spreaker.com/episode/the-market-erased-the-entire-war--72678534
Audio file: https://api.spreaker.com/download/episode/72678534/kyr_podcast_6_24.mp3
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JSON: https://stenobird.com/v1/public/podcasts/know-your-risk-podcast-218898/episodes/the-market-erased-the-entire-war
Duration seconds: 2996

## Resource

June 24, 2026 - The war happened. The oil was lost. And yet the market is acting as if none of it ever occurred. Zach and Chase conduct a rare real-time postmortem on one of their biggest macro trades, discussing what they got wrong, what they got right, and why price action can sometimes move far away from underlying fundamentals. They explore oil markets, trader positioning, risk management, peace-deal expectations, and the lessons investors should take away when markets refuse to behave the way the data says they should.

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## Transcript

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