RBNZ

Munger's picks: SPGI (P/E 29), FICO (P/E 44) & HD near lows. High margins, but valuations & debt are concerns.

GQRE yields 4.3% with global REITs, RWR yields 3.4% in US REITs. Higher risk/return for GQRE.

Oil prices near $100 boost producers like DVN, but CVX's diverse assets temper gains. Geopolitics drive volatility.

Gas prices surge 24%, stocks tumble 5%, mortgage rates climb as war fuels inflation fears & Fed eyes rate hikes.

Oil surges to $119 amid Mideast tensions. CCJ's $2.6B India deal & nuclear focus could drive rerating.

Stocks slide on Iran war fears & oil surge. Inflation jitters hit Dow, Nasdaq near correction.

Oracle's $553B backlog fuels 20%+ growth, but risks loom with concentrated clients like OpenAI.