The episode discusses the market impact following President Trump's announcement of a blockade in the Strait of Hormuz, leading to a surge in oil prices and a decline in US equity markets.
US equity markets retreated and oil prices and bond yields jumped after President Trump said the U.S. was reinstating a blockade of Iranian ships in the Strait of Hormuz , reigniting inflation fears and dampening risk appetite – Dow lost -138-points or -0.26% , with Nvidia Corp (down -3.52%) and Boeing Co (-3.05%) falling over >3%.