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Markets may open in turmoil, Brian Krassenstein warns

Markets may open in turmoil, Brian Krassenstein warns
Stock, oil and bond markets brace for volatility

Brian Krassenstein comments on likely volatility in the stock, oil, and bond markets when they open next.

Krassenstein describes the situation as chaotic, implying that significant reactions from key financial markets are expected.

Krassenstein recently addressed the potential for gas prices to rise, estimating they could reach $4.80 by the end of May. Earlier, he reported that oil prices jumped by $5 after a U.S. warship was targeted by Iranian missiles in the Strait of Hormuz. These previous market disruptions set the context for his warnings of further volatility.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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