Oil spike kills market melt-up hopes, warns Wall Street veteran
TL;DR
Oil prices surge amid Middle East war fears, dampening risk appetite and essentially ending hopes for a market melt-up. Ed Yardeni warns the spike could trigger stagflation, higher yields, and a raised 2026 recession probability (about 35%), implying equities face downside risk if energy constraints persist.
- Spiking oil prices basically end any chance of a market ‘melt-up,’ says this Wall Street veteran MarketWatch
- Yardeni Raises Odds of US Market Meltdown to 35% on Iran War Bloomberg.com
- Stagflation could trigger a stock market 'meltdown' that ends the bull rally, market vet says Business Insider
- Short positions in U.S. ETFs record biggest weekly rise since Liberation Day Investing.com
- Hedge fund job fears after a tempestuous week eFinancialCareers
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