#创作者冲榜 Market Anomalies Explained: Oil Prices Are the "Big Boss Leading the Way"
Global financial assets crashed in sync today, and many people are confused: Isn't gold supposed to rise during conflicts? How come even gold couldn't hold up?
Actually, the real core driver of this volatility is — crude oil.
The logic chain right now is very clear:
Middle East tensions deteriorate → oil prices surge → enterprise costs rise → profits are squeezed → stock market valuations can't hold up
Meanwhile, oil prices push up inflation → the Federal Reserve doesn't dare cut rates easily → high rates persist