Oil Shock, Defensive Plays, and the Consumer Crack

We break down the surge in oil prices amid rising US-Iran tensions, why utilities and cash-flow-heavy names are looking like defensive anchors, and what recent earnings from Verizon, American Express, Tenet Healthcare, and Intel reveal about consumer spending and market stress. The episode also weighs whether the latest market bounce is a real rotation or just a head fake in a choppy, geopolitically charged tape.