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Are Oil Shock and Stagflation Back?
Chuck Zodda and Mike Armstrong break down the market reaction to escalating tensions in the Middle East, with oil briefly surging past $115 per barrel and energy markets swinging wildly. They discuss why markets appear to be pricing in a relatively short conflict, what a prolonged disruption could mean for inflation, and whether the global economy is at risk of drifting toward stagflation.
Plus, the hosts examine what rising energy costs could mean for the Federal Reserve and global growth, debate the usefulness of “market meltdown” predictions, and explain why retirees should avoid making…
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