Strait of Hormuz blockade sends Brent crude to $120, WTI to $108. Iran faces $500M daily loss, global markets brace for supply cliff.
US GDP hits 2% on strong investment, but Iran war risks inflation & Fed cuts. Oil prices stay high.
Jobless claims hit 50-yr low at 189K, defying layoffs. Labor market shows stability, Fed holds rates.
Gold ETFs GLD & IAU may be undervalued. Banks see $5.7K-$6.3K/oz targets, implying 21%+ upside.
Inflation hits 3.5% on war fears, GDP grows 2%. Traders watch energy sector for volatility.
VOO dips offer discount buys in blue chips like NVDA (+7.58%) & AAPL (+6.66%). S&P 500's long-term gains are strong.
US debt hits 100% of GDP! $39T problem ignored. Borrowing $43.5B/week. Watch for debt crisis risks.
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