OIL SHOCK RETURNS, EQUITIES CRATER $OIL 📉
Global equities ended the week under pressure as an early rebound quickly faded. The escalating US-Israel-Iran conflict raised fears of disruption in the Strait of Hormuz, pushing oil sharply higher and bringing inflation concerns back to the forefront. The Fed's cautious stance and elevated energy costs signal a prolonged period of higher borrowing costs, increasing stagflation risks. Money is rotating toward defensive assets like energy and gold.
Next week's direction hinges on Hormuz tensions, ceasefire signals, and US inflation data. High tensions will likely continue pressure on global equities.
Not financial advice. Manage your risk.