🇺🇸🇮🇷 The worst case for this war now has a number: $250 oil and 11% inflation by the fall Edward Dowd ran money at BlackRock and now models exactly this kind of shock, and his May call, $125 oil peaking then rolling over, played out in print. The new worst case: Gulf energy infrastructure sta
Edward Dowd models a worst-case war scenario with oil at $250 and 11% inflation by fall, but notes the spike would trigger a demand-destroying recession.
🇺🇸🇮🇷 The worst case for this war now has a number: $250 oil and 11% inflation by the fall Edward Dowd ran money at BlackRock and now models exactly this kind of shock, and his May call, $125 oil peaking then rolling over, played out in print. The new worst case: Gulf energy infrastructure sta
Oil could hit $250 as Iran tensions threaten global recession
🇺🇸 One price spike is all it takes to stop the world cold. Fmr. BlackRock & Phinance Founder Edward Dowd explains how fast it could happen, and why the cure is almost as bad as the disease: "250 oil would just shut down the global economy." Demand destruction at that level means a collapse, arr
🇺🇸 A Gulf energy shutdown could push CPI to 11% by September. Fmr. BlackRock & Phinance Founder Edward Dowd modeled it out, and the numbers are not comforting: "CPI would start rising again if oil goes above 100 to 200. We'd see inflation CPI anywhere between 8 and 11% by August, September." Th
RT @MarioNawfal: 🇺🇸🇮🇷 The worst case for this war now has a number: $250 oil and 11% inflation by the fall Edward Dowd ran money at BlackR…