‘Misplaced euphoria’: Markets are sleepwalking into a recession amid Iran war oil price shock

    https://www.cnbc.com/2026/05/04/strait-hormuz-gas-price-oil-shock-recession-risk-economy-iran-us-war.html

    Posted by Cristiano1

    8 Comments

    1. TheRealPancetta on

      Trump said the war was over. Expecting the market to do at least +30% this year

    2. What about other countries pumping more, adjusting supply chains, and demand destruction to prevent oil price shock over long term?

      As long as corporate earnings and gdp are rising, that is not a recession.

      Good luck forecasting big drops. They always happen immediately and when no one expects them.

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