Wall Street Slides as Inflation Fears Lift Bond Yields

The era of Federal Reserve rate cuts has concluded, with expectations now shifting to rate hikes as stagflation looms.

Dow futures dropped 462 points due to renewed inflation concerns and expectations of a Federal Reserve interest rate hike in the U.S. stock market.

Bond yields surged to a one-year high, driven by rising oil prices and inflation data, unsettling financial markets.

The article addresses three major macroeconomic and geopolitical risk factors: inflation, tariffs, and war.

The author expresses strong conviction about an impending major recession and a potential summer stock plunge.