Oil Surges, Stocks Slide — Is This Conflict About to Hit the U.S. Economy?

Mike Armstrong and Marc Fandetti break down the market reaction as oil jumps toward $80 a barrel following escalating tensions with Iran. With the Strait of Hormuz effectively shut down, LNG production disrupted, mortgage rates climbing back above 6%, and stocks sharply lower, the hosts examine whether this energy shock could reignite inflation and complicate the Federal Reserve’s path on interest rates.They also explore why oil spikes have historically preceded recessions, whether today’s U.S. economy is less vulnerable than in past decades, and what widening market dispersion signals about investor positioning beneath the surface of a seemingly stable index.