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Huge market correction coming Monday?
Investor summaryBearish
Iran re-closing the Strait of Hormuz spikes oil prices, raising rate hike fears and prompting concerns about a market correction.
Bear points
- Iran re-closing the Strait of Hormuz is causing a fresh spike in Brent Crude and WTI oil futures.
- Rising oil prices could force central banks to continue their interest rate-hiking cycles.
- Fading peace deal expectations remove a recent bullish catalyst for the broader market.
降息与宏观
Post body
Iran just announced they are re-closing the Strait of Hormuz, which pretty quickly halted the drop we were seeing in oil prices. MOU looking less strong now, and market was up on expectation of peace deal, now looking like a fresh spike in Brent Crude and WTI oil futures...
Could cause central banks to continue interest rate-hiking cycles, curious if people see a correction coming Monday, and if so how big of one?
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