The Weekly Insight
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The Weekly Insight
The Chokepoint (Revisited)
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Andrew Dorr
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Three months ago we published a memo called "The Chokepoint" — written the morning the U.S. started bombing Iran. We laid out exactly what a prolonged Strait of Hormuz closure would do to oil prices, inflation, and global GDP.
This week we went back and checked our work.
The market has hit all-time highs. Brent crude pulled back from $138. The ceasefire has been enough — for now.
But the Strait is still effectively closed. The economic impacts we projected are materializing. And the buffers keeping the worst-case scenario at bay are getting thinner.
Read more here: https://insightwealthgroup.com/the-weekly-insight-the-chokepoint-revisited/
