New Hope in the Continued Bumpy Ride of War
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New Hope in the Continued Bumpy Ride of War
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Stocks fell sharply amid renewed Middle East conflict fears, with the S&P down 2% and NASDAQ extending losses. Energy and materials led gains while communication services lagged, and a choppy rally reflected hopes for ceasefire talks.
The episode explains why the war is likely to leave a lasting inflationary footprint, pushing yields higher and creating a stagflationary bias even as growth faces only modest drag. Investors should expect continued volatility, sector rotation, and higher-for-longer rates.
For a copy of this week's Doll's Deliberations click on the following link March 30 or go to www.crossmarkglobal.com for additional insight and investment solutions.
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