Dow futures fell 462 points as concerns over inflation and expectations of an interest rate hike by the Federal Reserve resurfaced in the U.S. stock market.

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.

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.