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Lia Holmgren reports that a ceasefire has ended and renewed missile activity is causing markets to reprice risk levels. Oil has reached $100 and is moving toward a $120 resistance, while metals markets are declining and the dollar is strengthening.
Yields are also rising as investors adjust positioning in response to the escalating situation, according to Holmgren.
Holmgren recently warned that U.S. oil reserves are at their lowest since 1983, calling apparent stability in oil prices deceptive in her coverage of energy market risks. She has also flagged limited liquidity in SPCX stock, advising investors to remain cautious. These earlier reports precede the current market reaction to renewed geopolitical tensions.