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Back Fundamental analysis
Market nearing cliff edge
If someone had said two months
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If someone had said two months ago that the Strait of Hormuz would be closed through the end of April, Wall Street analysts would have immediately sketched a bearish scenario for US equities. In fact, the S&P 500 has repeatedly set new record highs and is behaving as if the Middle East conflict were over — unlike other markets that are signaling trouble ahead for the global economy. Just look at Brent trading above $120 per barrel. Oil and S&P 500
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Marek Petkovich,
Analytical expert of InstaForex
© 2007-2026
Summary
Urgency
Analytic
Igor Kovalyov
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