---
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/100000000890592.md"
description: "🌟🌟🌟The sea of green we celebrated so fiercely last week has been replaced by a familiar stinging red.  The STI Index tumbled yesterday as conflict in the Middle East continues.  Oil prices skyrocket toward $98 a barrel.  The ghosts of inflation are knocking on the door again.  Fear of higher for longer interest rates has forced institutional investors to hit the Sell button to lock in their profits.It is timely reminder that no matter how fundamentally strong our economy is, we are tied to the unpredictable, chaotic currents of global geopolitics.It maybe painful to see our paper gains evaporate but keeping a cool head is the best way to survive the storm."
datetime: "2026-09-08T23:01:44.000Z"
locales:
  - [en](https://longbridge.com/en/topics/100000000890592.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/100000000890592.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/100000000890592.md)
author: "[koolgal](https://longbridge.com/en/profiles/2074993385495678976.md)"
generator: "portal-rs"
---

# 🌟🌟🌟The sea of green we celebrated so fiercely last…


### Related Stocks

- [STI.SG](https://longbridge.com/en/quote/STI.SG.md)
- [USO.US](https://longbridge.com/en/quote/USO.US.md)

## Comments (3)

- **Fattycat · 2026-09-08T23:05:33.000Z**: News of explosions heard on Kharg Island and caused a spike in USOIL prices which led to the sudden drop in gold early morning . More uncertainty coming before CPI results
  - **koolgal** (2026-09-09T00:37:19.000Z): That is not good news for the markets today 😕
  - **koolgal** (2026-09-09T00:37:30.000Z): Thanks for sharing your valuable insights 🥰


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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**