Yields surge to one-year high as oil prices and inflation data rattle markets

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

Wall Street experienced a decline as investor concerns over inflation led to an increase in bond yields.

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.

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.