Are Higher Gas Prices About to Push the U.S. Into Recession?

Mike Armstrong and Marc Fandetti break down the growing economic fallout from the war in Iran as oil prices surge and recession risks climb.With gas prices jumping sharply and diesel and jet fuel costs rising, Mike and Marc examine:• How higher energy prices act like a tax on consumers• Why Moody’s warns a recession may be hard to avoid• The return of “stagflation” — and what it really means• Whether the Federal Reserve can look past an oil-driven inflation spike• How rising fuel costs could ripple through airlines and travelPlus, they discuss market resilience despite geopolitical risk, concerns about private credit spillovers, and the longer-term implications of global instability.Stay informed with The Financial Exchange.