Comment Comment by jpiasetz > The stock market keeps going up in the face of the indefinite closure of HormuzWhy wouldn’t it? The closure leads to price increases which leads to inflation which leads to non-dollar assets (ie stocks going up in value)Second from a US perspective the strait matters the least it has since world war 2. If the price stays high a bunch of fracking will come back online. parent jpiasetz 5 months ago
Why wouldn’t it? The closure leads to price increases which leads to inflation which leads to non-dollar assets (ie stocks going up in value)
Second from a US perspective the strait matters the least it has since world war 2. If the price stays high a bunch of fracking will come back online.