Crisis Under the Surface: Markets Face Stagflation and Hidden Credit Risks

Beat Nussbaumer joins the show to analyze a volatile global landscape shaped by escalating US-Iran tensions and the risk of disruption in the Strait of Hormuz. The discussion explores how rising oil prices are impacting currencies, including pressure on the US dollar and the British pound amid stagflation risks in the UK. They also question the apparent complacency in equity markets, warning that a potential private credit crisis may be building beneath the surface. The episode concludes with a preview of key upcoming data, including US payrolls and Eurozone inflation, highlighting the deep uncertainty driving current market behavior.Follow Beat on X: x.com/MacrobeatLTry our 24-hour news squawking service for FREE! 👇 ⁠https://www.livesquawk.com/#sign-up⁠Follow us on X: ⁠https://x.com/LiveSquawk