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🚨💥💫 Oil price surges have historically foreshadowed nearly every significant market downturn:
▫️1973 Global Oil Shock: Stocks dropped 43%
▫️1990 Gulf War: Stocks fell 17%
▫️2022 Russia-Ukraine Conflict: Stocks dropped 19%
Historically, oil shocks tend to impact inflation within five to six months, often prompting subsequent action from the Federal Reserve.
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