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Posted by
Two Blokes Jun 23 -
Filed in
General
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#TwoBlokesTrading
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The S&P 500 is ignoring new geopolitical risks from the US-Iran conflict, creating a dangerous disconnect between market highs and rising real-world threats of retaliation and economic disruption. A potential oil spike to $110/barrel threatens to slow US GDP growth while simultaneously accelerating inflation, complicating the Federal Reserve's plans for future interest rate cuts this year.
