
Romain Fournier
Chief Editor
Investors Confront Stagflation Risk
The week ahead looks like the kind investors dread. Washington will be watching inflation data on Wednesday, the Federal Reserve looms next week, and Friday brings another look at PCE inflation and fourth-quarter GDP. Under normal circumstances, that would be plenty, but these are not normal circumstances. Oil has ripped higher, the Middle East conflict has entered its tenth day, and prices may rise just as growth begins to wobble.
March 09, 2026 at 01:13 pm

10 days of conflict, 80% increase in oil prices
When the day begins with a chart flashing wildly with +21.5% next to Brent crude, the topic of the day quickly becomes obvious. The closure of the Strait of Hormuz is fuelling fears of an oil shortage and painfully reminding us that our economies remain far from decarbonised: heating, mobility, digital infrastructure, plastics, fertilisers, metals, almost everything ultimately relies on the gas and oil combination.
March 09, 2026 at 07:09 am
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