inflectionpoint49ersWeek Ahead
Last minute ceasefire for 2 weeks agreed between the US and Iran shortly before the President's deadline; Hormuz reopened. Oil falls below $100. The March labour report was solid, with earnings forecast for 2026 upgraded once again to $320 (bottom up). The outlook for inflation and the path for many Central Banks is strictly tied to geopolitical improvements and to the price of oil; anything can still happen.
Week Ahead - Inflection Point
Last minute ceasefire for 2 weeks agreed between the US and Iran shortly before the President's deadline; Hormuz reopened. Oil falls below $100. The March labour report was solid, with earnings forecast for 2026 upgraded once again to $320 (bottom up). The outlook for inflation and the path for many Central Banks is strictly tied