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Watch: Oil Shock, Real Rates, and a Market That's Still Standing

Filmed on March 25th, 2026, Ryan Mumy and Justin Greenhill break down the most critical market trends affecting your portfolio. In this episode, we analyze:

  • This oil shock hitting a fundamentally different economic backdrop than 2022
  • Options market in negative gamma territory, setting up a slow grind higher or a fast drop lower
  • The Magnificent Seven decoupling from the rest of the S&P 500, with a possible opportunity forming
  • 13 straight years of emerging market underperformance as dollar weakness continues to build
  • Energy-dependent markets like Japan and Korea most exposed as the oil shock deepens
  • Fed rate cut expectations collapsing, with markets beginning to price a potential hike
  • Two-year Treasury yield moving above the Fed funds rate, historically rare and short-lived
  • Real rates jumping sharply across the US, UK, France, and Japan in a matter of weeks
  • Gold volatility running well above equity volatility, with price swings unlike anything in recent decades

For more episodes of Chart Overload and additional content, check out Sollinda Capital Management on YouTube. 

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This presentation has been provided for informational purposes only and is not intended as legal or investment advice or a recommendation of any particular security or strategy. The investment strategy and themes discussed herein may be unsuitable for investors depending on their specific investment objectives and financial situation. Information obtained from third-party sources is believed to be reliable though its accuracy is not guaranteed. Opinions expressed in this commentary reflect subjective judgments of the author based on conditions at the time of publication and are subject to change without notice. Past performance is not indicative of future results.