Rate Of Return🌟🌟🌟This week, the oil shock is the real portfolio mover. CPI and bank earnings matter but Hormuz shutting is the kind of macro grenade that rewrites everything else.
If Iran truly shuts the Strait of Hormuz, that is 20% of global oil supply suddenly at risk. Oil will spike resulting in transport and consumer sectors sinking. Inflation expectations jump. This may lead to bond yields rising, interest rate cut odds collapsing.
Volatility will spike which may lead broad indices wobbling. Everything gets repriced around the energy shock.
A good ETF to buy is $SPDR Energy Select(XLE.US)which represents the US oil giants like $ExxonMobil(XOM.US) and $Chevron(CVX.US). XLE currently pays 2.85% dividend yield and a low expense ratio of just 0.08%. XLE is up 3.7% last week and 20.6% YTD.
Let's pray for peace in the region and that world leaders choose restraint over escalation.
☕️ [Task Coins Giveaway] Daily Market Talk — Iran Shuts Hormuz as a Huge Week Begins
Big week, loud open. Iran declared the Strait of Hormuz closed "until further notice," sending oil up and gold down to start the week. Meanwhile US CPI and the big banks both report Tuesday, and SK Hy...
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