"Although energy price shocks are first felt at the pump by consumers, there's a multi-quarter lag before businesses are affected. Even if the Iran war ended right now,... the largest energy supply disruption in modern history would drive up transportation and/or production costs for businesses. This #inflationary impact is structural and can be a lot harder for the Federal Reserve to tackle."

The Motley Fool https://www.yahoo.com/finance/markets/stocks/articles/prediction-fate-trump-bull-market-105600170.html

#InternationalPolitics #TrumpWar #TrumpRegime #USPolitics

Prediction: The Fate of the Trump Bull Market Has Been Sealed by One Presidential Decision

Donald Trump may have already delivered the fatal blow to the bull market he helped inspire.

Yahoo Finance
@obtener The Oil Shock of 1973 didn't tank the economy until 1974. It took 6-9 months for the full effects to be realized.

@Lightfighter @obtener

I certainly do not miss having DST all year. Totally sucked.