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Global demand drop and oil supply issues may trigger major market selloff this summer, warns investor.

Market News
15 May 2026
Seeking Alpha
View Source
Bearish
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Investor Zoltan Ban predicts a significant global demand destruction event this year, potentially causing a major stock market selloff as soon as this summer. He believes current oil market forecasts underestimate supply shortfalls, with inventory declines and geopolitical risks increasing market vulnerability. Ban maintains a defensive portfolio with gold, oil, cash, and dividend-paying stocks, planning to reduce oil exposure if prices rally and seek bargains after the selloff. This outlook highlights risks in energy markets and cautious investment strategies ahead.

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