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📰 **The oil market is reaching a ‘tipping point’ that could create problems for stocks, according to this Wall Street legend**
Evercore’s Roger Altman said in a CNBC interview on Monday that a sharp rise in crude could destabilize markets before it may trigger “the second big inflation shock of this decade after COVID,” especially if oil prices climb toward $150 a barrel or higher.
🔗 https://www.marketwatch.com/story/the-oil-market-is-reaching-a-tipping-point-that-could-create-problems-for-stocks-according-to-this-wall-street-legend-8e7f9d62?mod=mw_rss_topstories
#markets #news
Evercore’s Roger Altman said in a CNBC interview on Monday that a sharp rise in crude could destabilize markets before it may trigger “the second big inflation shock of this decade after COVID,” especially if oil prices climb toward $150 a barrel or higher.
🔗 https://www.marketwatch.com/story/the-oil-market-is-reaching-a-tipping-point-that-could-create-problems-for-stocks-according-to-this-wall-street-legend-8e7f9d62?mod=mw_rss_topstories
#markets #news