The Wednesday HOT TAKE

Today we’re talking volatility.

There isn’t a trader, broker, farmer, or ag professional I know who hasn’t aged in dog years over the past week and a half.

But the last three days in particular have been absolute chaos—the kind where every headline moves markets and no one seems to know what’s going on.

Right now the market isn’t trading fundamentals, it’s trading headlines and uncertainty.

It’s a sad day when you wake up longing for the calm days of full-scale trade wars instead of actual war.

Buckle up — the week is only half over.

Adding to the chaos — my X account (@SusanNOBULL) has been hacked again. If it appears I’m trading crypto or you receive any DMs from me, please ignore them.

Vegoil tanker freight from Malaysia to Rotterdam just hit a four-year high as war-risk premiums ripple through global shipping lanes.

Unfortunately, rising freight costs don’t stay in the Middle East — they spread across every trade route tied to global commodities.

When freight costs skyrocket, trade stalls. Period.