HomeMarketsU.S. EconomyMiddle East Conflict Impact On Oil, Gas & Stubborn Inflation In 4Q

Middle East Conflict Impact On Oil, Gas & Stubborn Inflation In 4Q

The primary spillover from the Middle East conflict has been in oil and gas prices, notes Jeffrey Kleintop. He discusses how the Israel-Hamas conflict is affecting markets, and the takeaways from today’s CPI print. He highlights that during periods of growth, global market’s response to perceived threats tends to be short lived. He then goes over how initial reactions to CPI seem muted, but stubborn inflation will likely weigh on the market in 4Q. He also looks at market trends to monitor at home and abroad. Tune in to find out more about the stock market today.

The Watch List

13 Oct 2023

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