Bits + Bips Why This Correction Is Worse Than Liberation Day
Apr 1, 2026
Markets hit a rough patch with a multiweek slide and high recession odds. Oil-driven inflation and commodity shocks are making this correction unusually painful. Traders discuss specific long and short stock ideas, caution on cash and selling rallies, and debate whether regulatory tailwinds and institutional flows are enough to sustain crypto.
AI Snips
Chapters
Transcript
Episode notes
Supply Shocks Make This Correction More Serious
- The market is in a deeper correction than recent pullbacks due to inflationary supply shocks from the conflict.
- Ram warns this correction could push the S&P to ~6,000–6,200, deeper than Liberation Day lows because oil and commodities are driving inflation.
Stay Small And Keep Excess Cash
- Stay small and hold cash; this is not a market to be a hero right now.
- Ram explicitly recommends excess cash and limited positions while institutions deleverage and retail buyers keep getting whipsawed.
Rallies Are Becoming Selling Opportunities
- Institutions are degrossing and training markets to sell rallies, so rallies fail as participants use them to reduce exposure.
- Ram points to VWAP orders, simultaneous degrossing, and selling into gap-ups as mechanics behind the downward pressure.