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MIB Daily: The War Shows Up in Prices, Not Panic, as Brent Hits $116.62 and Selling Prices Run Hottest Since 2022, Energy Leads While Staples and Gold Fall Ahead of Wednesday’s Fed Decision

By RecessionALERT on October 23, 2026 in Reflections

Houthi attacks in Saudi Arabia lifted Brent 3.05% to $116.62, its third straight weekly gain, as UN Ambassador Waltz warned the Iran war could last another year. The Dow fell 1.23% while the Nasdaq 100 finished flat. Flash PMI selling prices rose at the sharpest rate since August 2022 and Michigan year-ahead inflation expectations hit 4.7%, ahead of Wednesday’s Fed decision. CrowdStrike jumped 8.25%, gold slid 1.25%, and Instacart rose about 9% on reported sale talks with Uber and DoorDash.

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MIB Daily: Oil Did the Fed’s Job Today — WTI’s 5.52% Crash Funds a Record Dow and a $3T Amazon, But Chips and Transports Aren’t Buying the Truce

By RecessionALERT on August 3, 2026 in Reflections

Trump called off strikes on Iran and crude cratered — WTI -5.52% to $80 — but Tehran denies talking to Washington and Hormuz stays shut. The Dow closed at a record 53,178.41, and this time breadth came along: 8 of 11 sectors green, Russell +1.72%. ISM manufacturing hit a post-2022 high and GDPNow leapt to 6.2%; bonds rallied anyway. Williams says the Fed hikes if inflation stalls. AstraZeneca-Bristol Myers weighed a $400bn merger; AZN fell 9%. Amazon topped $3 trillion.

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