After the U.S. launched a war against Iran and then achieved a ceasefire, oil price swings kept Wall Street betting on persistent inflation—first from supply shocks, now from demand-pull if cheaper energy overheats the economy. Also featured: the struggle for small-dollar mortgages, a bright outlook for local vacation spots, and direct-to-consumer brands rethinking environmental marketing.
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Highlights
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Inflation fears persist regardless of oil price direction
After Iran ceasefire, falling oil prices shifted inflation fears from cost-push to demand-pull.