Markets Potentially at a Critical Turning Point
It is reasonable to assume that President Trump has also come to recognize that the situation surrounding oil, helium, fertilizers, and other key commodities is becoming increasingly critical. If the Strait of Hormuz remains closed for another four to six weeks, physical shortages are likely to emerge, driving prices sharply higher — along with inflation and interest rates. Should this occur, Republicans would almost certainly lose their Congressional majority after November.
For Trump this...
