Prof G warns of a $10T market wipeout — what it means for investors
Yahoo Finance·2026-03-20 18:23

If energy costs stay high, Galloway warns inflation could return in full force, creating a difficult situation for policymakers and consumers alike.Even without additional escalation, the effects of decisions already made could spread across the entire economy. That means the costs of everything from transportation to groceries could rise, squeezing consumers already dealing with higher borrowing costs.Historical trends agree with him. Violence in the Gulf has a decades-long, storied history of pushing oil ...