Guggenheim Chief Investment Officer: Continued high oil prices may lead to a 10% drop in the US stock market.

date
28/03/2026
Guggenheim Partners Investment Management stated that if oil prices remain high for several months, the U.S. stock market could drop by as much as 10%, and the recent trend of retail-driven "buying the dip" that has supported the market in recent years could be affected. The company's chief investment officer, Anne Walsh, explained that if oil prices stay around $100 per barrel for three consecutive months, with rising fuel costs beginning to put pressure on household budgets and investor psychology, the stock market will face significant downside risks. The greater risk lies in a shift in behavior patterns rather than inflation.