Summary
Phil Anderson declares the cycle has turned and it is time to buy, supported by a Jonathan Brown (Shepheard-Walwyn) conversation on airline demand, energy, and the US economy. He notes the FTX crypto collapse (November 2022) as the final “panic low” he had been waiting for, and observes Qantas breaking out from its accumulation channel as a market signal.
Key Claims
- It is time to buy — the 2022 events that drove markets down are now over
- FTX crypto collapse (November 2022) was the final capitulation event serving as the cycle’s washout low
- FTX collapse is not affecting broader equity markets — confirming it’s an isolated crypto/speculative event
- Qantas (ASX:QAN) broke out from long accumulation channel — market pricing in travel/airline earnings recovery
- “Don’t forget, a lot of people in 2002 thought the Nasdaq would never recover after falling 80%” — history will repeat similarly into 2026
- Jonathan Brown (Shepheard-Walwyn podcasts) conversation covers: airline demand for wide-body jets, energy prices, US economy
- Phil is active on Twitter (@phil_j_anderson) — extensive cycle commentary there