The noise fades, but the pattern remembers. Right now, the pattern on every trading screen in New York is screaming one word: crude. Morgan Stanley's Michael Wilson just dropped a warning that cuts through the AI narrative like a knife through warm butter. Oil price spikes are the single biggest risk to US equities. Not valuation. Not earnings. Not the Fed. Oil. He said it. He meant it. And we all felt the market shift just a little.
