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Why haven’t stocks crashed yet? episode artwork

EPISODE · Mar 26, 2026 · 18 MIN

Why haven’t stocks crashed yet?

from The Macro Minute with Darius Dale · host 42 Macro

Stocks haven’t crashed yet because investors are still anchored to positive macro expectations, but that foundation is beginning to crack. As the Iran conflict persists and tightens global energy supply, negative revisions to growth and earnings are likely to accelerate—raising the risk of a downside unwind from historically crowded bullish positioning.

What this episode covers

The Macro Minute is a daily morning podcast of what 42 Macro Founder & CEO Darius Dale is seeing in the overnight markets and where he\'s focused before the US stock market open.

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Why haven’t stocks crashed yet?

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How long is this episode of The Macro Minute with Darius Dale?

This episode is 18 minutes long.

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This episode was published on March 26, 2026.

What is this episode about?

Stocks haven’t crashed yet because investors are still anchored to positive macro expectations, but that foundation is beginning to crack. As the Iran conflict persists and tightens global energy supply, negative revisions to growth and earnings are...

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