#consumer-spending-impact

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US news
from24/7 Wall St.
5 hours ago

How $200 Oil Impacts Your Stocks and Your Wallet

Oil prices surged to $96 from $71 in ten days due to Iran war closing the Strait of Hormuz, threatening $200 crude and creating significant risk for discretionary retailers like Target, Five Below, and Dollar General.
Business
from24/7 Wall St.
4 days ago

Market Meltdown Odds At 35%

Ed Yardeni raised market meltdown odds to 35% from 20% due to Iran conflict, rising oil prices, and economic pressures on consumer spending and employment.
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