๐Ÿฅ› When will the war end? โณ

Milk Road Macroยทยท8 min read
FinancePoliticsBusiness
Share๐•in

AI Summary

The Iran war continues to dominate global markets with oil prices rising $1.00 per gallon since conflict began and the Strait of Hormuz remaining closed. Economic data shows slowing growth with rising inflation as March PMI data indicates GDP at just 1% annualized pace while consumer prices accelerate to 4%. Both sides are negotiating through third-party mediators with the U.S. proposing a 15-point plan and Iran countering with a 5-point plan, while U.S. military forces prepare for potential escalation.

Key Facts

โœ“Iran war continues driving oil prices up $1.00/gallon with Strait of Hormuz closed, causing Bitcoin and stocks to decline while inflation accelerates.
โœ“S&P Global PMI data shows U.S. economic growth slowing to 1% annualized pace while consumer price inflation accelerates back to 4% levels.
โœ“U.S. military forces are preparing potential invasion of Kharg Island as negotiations continue through Pakistan with competing peace plans from both sides.

More from Milk Road Macro

๐Ÿ“ฐTodayโšกFeed๐Ÿ“กSignals๐Ÿ’ฐCapital