E458 - Stock Selling Accelerates As Crude Hits Highest Level Since 2022

MRKT Matrix - Friday, March 27th

Wall Street sell-off picks up steam, Dow loses 800 points and tumbles deeper into correction territory (CNBC) Markets now see the Fed’s next move as a potential rate hike as inflation fears mount (CNBC) Economist Nouriel Roubini: Trump is likely to escalate the Iran war — risking ’1970s stagflation’ (CNBC) The Private-Credit Industry’s Trouble: Surging Redemptions, Slower Fundraising (WSJ) Oracle’s Credit Risk Measure Nears Record High on AI-Debt Fears (Bloomberg) Microsoft Set for Worst Quarter Since 2008 as AI Fears Converge (Bloomberg) An Invisible Bottleneck: A Helium Shortage Threatens the Chip Industry (NYTimes) ...