David Woo is the founder of David Woo Unbound, an independent macro research platform. He spent a decade as head of global interest rates, foreign exchange, and emerging markets fixed income strategy and economics research at Bank of America Merrill Lynch, and before that led global foreign exchange strategy at Barclays Capital. He holds a PhD in economics from Columbia University and is credited as the first Wall Street analyst to initiate coverage of Bitcoin, in 2013.
Intermediate Treasuries: David is bearish on Intermediate Treasuries in the near term (Sep 2026). (updated 2026-09-11)
Nasdaq: David is bearish on the Nasdaq in the short term. (updated 2026-09-14)
S&P 500: David is bearish on the S&P 500 in the short term. (updated 2026-09-14)
S&P 500: David is bearish on the S&P 500. (updated 2026-09-04)
Oil: David is bullish on oil in the near term (Sep 2026) and short term. (updated 2026-09-14)
Oil: David is bullish on oil. (updated 2026-09-03)
Gold: David is bullish on gold. (updated 2026-09-04)
Prediction history
2026-09-14 — David is bearish on the S&P 500 in the short term. (source: Fed To Trigger ‘1987’ Market Crash This Week? | David Woo)
2026-09-14 — David is bearish on the Nasdaq in the short term. (source: Fed To Trigger ‘1987’ Market Crash This Week? | David Woo)
2026-09-14 — David is bullish on oil in the short term. (source: Fed To Trigger ‘1987’ Market Crash This Week? | David Woo)
2026-09-14 — David is bearish on Intermediate Treasuries. (source: Fed To Trigger ‘1987’ Market Crash This Week? | David Woo)
2026-09-11 — David is bearish on Intermediate Treasuries in the near term (Sep 2026). (source: September's risks — political, geopolitical, and monetary — are converging. Expect higher inflation, soaring bond yield…)
2026-09-07 — David is bearish on Intermediate Treasuries in the near term (Sep 2026). (source: Closed 5y Treasury long. Bought SPX OTM puts. September: Russian escalation, Iran oil spike, Fed hawkish, yields up, Eu…)
2026-09-07 — David is bullish on oil in the near term (Sep 2026). (source: Closed 5y Treasury long. Bought SPX OTM puts. September: Russian escalation, Iran oil spike, Fed hawkish, yields up, Eu…)
2026-09-04 — David is bullish on gold. (source: Fair value Brent $100. Sanction China = higher. Bearish stocks (oil chokes AI). Bullish gold (Bessent put either way).…)
2026-09-04 — David is bearish on the S&P 500. (source: Fair value Brent $100. Sanction China = higher. Bearish stocks (oil chokes AI). Bullish gold (Bessent put either way).…)
2026-09-03 — David is bullish on oil. (source: If Trump expects midterm loss anyway why concede Iran to lower oil briefly? Less political payoff. Less reason to taco…)
2026-08-30 — David is bullish on oil. (source: What's the Market Missing About Oil and Tankers?)
2026-08-30 — David is bearish on the S&P 500. (source: What's the Market Missing About Oil and Tankers?)
2026-08-30 — David is bullish on gold. (source: What's the Market Missing About Oil and Tankers?)
2026-08-19 — David is bearish on the S&P 500. (source: 2008: bonds expensive, stocks cheap. AI flipped it: stocks extremely expensive, bonds extremely cheap. Capital flows st…)
2026-08-19 — David is bullish on Intermediate Treasuries. (source: 2008: bonds expensive, stocks cheap. AI flipped it: stocks extremely expensive, bonds extremely cheap. Capital flows st…)
2026-08-18 — David is bullish on oil. (source: Oil to $120? Iran Could Trigger the Next Stock Market Shock | David Woo)
2026-08-18 — David is bullish on Intermediate Treasuries. (source: Oil to $120? Iran Could Trigger the Next Stock Market Shock | David Woo)
2026-08-06 — David is bullish on oil. (source: Market treating Iran headlines as noise. War fatigue mistake. Narrow objective = sustainable campaign = escalation like…)