Until now in 2026, the S&P 500 index (^ GSPC +2.57%) it’s down about 7%, but the ride has suffered more, as a series of events has hampered the market’s comeback. Whether it’s the war in Iran and the volatile oil prices that followed, persistent tariffs and inflationary pressures, a weakened consumer base in the … Read more
Jeff Greenberg | Universal Images Group | Getty Images The price of naphtha may not keep you up at night considering the inflation that is yet to hit the economy from the US-Iran war and the closure of the Strait of Hormuz, but perhaps it should. As gas prices go up together crude oilthe cost … Read more
New Zealand may face recession, economists warn. By Susan Edmunds for rnz.co.nz Stagflation describes a situation in which the economy experiences an unpleasant combination of inflation, high unemployment and stagnant economic growth. This could happen as a result of the Iran war because high fuel prices are expected to cause high inflation, while the effect … Read more