Stocks and Bonds Slide Globally as Oil Tops $100

Oil smashed through $100 a barrel as the prospect of a prolonged war in the Middle East triggered fresh global market turmoil. Cameron Dawson (CIO, NewEdge Wealth) notes the shock produced risk-off flows that drove losses across equities and bonds, signaling heightened volatility and downside risk for broad market positions.

Analysis

Oil smashed through $100 a barrel as the prospect of a prolonged war in the Middle East triggered fresh global market turmoil. Cameron Dawson (CIO, NewEdge Wealth) notes the shock produced risk-off flows that drove losses across equities and bonds, signaling heightened volatility and downside risk for broad market positions.