This Week's Market Wrap: Strait To Jail

Financial Sense4.42K FollowersFollow5ShareSavePlay(13min)CommentsSummaryThe Strait of Hormuz became the market’s fault line –Tanker attacks, supply disruptions, U.S. military moves, and uncertainty around whether shipping lanes can be reliably reopened repeatedly drove oil and equity prices.The world opened the oil reserves, markets still didn’t believe it – The IEA and its member countries agreed to release 400 million barrels from emergency reserves, but crude remained volatile and rose again as traders concluded that reserves cannot fully offset an active chokepoint disruption.Everything else traded in the shadow of energy – CPI came in roughly as expected, but oil’s rise complicated the inflation outlook, while AI-linked technology winners such as Oracle held up better than many cyclicals, transports, and software names. Suphanat Khumsap/iStock via Getty Images By Ryan J.

Puplava The Strait of Hormuz Became the Market’s Fault Line This week’s market action was not primarily about earnings, not primarily about the Fed, and not primarily about valuation. It was about war risk, energyThis article was written byFinancial Sense4.42K FollowersFollowCited by Barron's as one of the top financial websites to visit on the weekend, Financial Sense (www.financialsense.com) provides educational resources to the broad public audience through a daily podcast, editorials, current news and resource links on salient financial market issues. Begun in 1985 as a local talk radio program, Financial Sense Newshour (www.financialsense.com/financial-sense-newshour) is a weekly webcast with host Jim Puplava and top financial thinkers. Writing staff of Financial Sense includes: Jim Puplava, Chris Puplava, Ryan Puplava, and Cris Sheridan.