"Debt vigilante" proposer Aidenni: Ceasefire breakdown sends market back to square one, oil price surge may force the Fed to turn hawkish again.

Zhtng cijng APP noted that, as the geopolitical crisis in the Middle East has caused oil prices to surge, concerns about inflation and the prospect of the Federal Reserve raising interest rates have returned to the forefront of market worries. Ed Yardeni, president of Yardeni Research, warned that the end of the ceasefire has brought investors back to a "turning point," and the Federal Reserve may be forced to further tighten monetary policy.