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Bigger Pic: The Middle East Conflict & The Inflation "Perfect Storm"

Bigger Pic: The Middle East Conflict & The Inflation "Perfect Storm"

Published 6 months ago
Description

The global economy is currently navigating a "perfect storm" of supply shocks, from military conflict in the Middle East to the total shutdown of the Strait of Hormuz. With oil prices staying elevated, how much will its effects play out in the second quarter and beyond. Is the latest report of comments by Trump signaling the potential end of the war enough to win back confidence in the markets? UOB’s Head of Markets Strategy, Heng Koon How shares his outlook in this high-stakes environment.

Produced/Presented: Ryan Huang

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