Zaid Admani

On Sunday, we posted an interview with Amos Hochstein, who's a former senior White House advisor who's dealt with energy shocks in the past.

And he thinks the market is still underpricing the risk of the war.

He walked through some of the ripple effects of the energy supply crunch.

So if you want to learn more about the oil markets and what could happen in the next few weeks, I highly recommend checking out that conversation.

We'll post the link in the description.

Now looking ahead, things continue to be escalating when it comes to the war.

The Pentagon is weighing whether to send 10,000 additional ground troops to the region.

There's been rumors of boots on the ground.

And now President Trump just posted on Truth Social that the US could destroy Iran's oil wells and other infrastructure if the Strait of Hormuz is not immediately reopened.

The conflict seems to be widening and not winding down.

So we could be in for some more pain this week in the stock market.

And here's the problem for investors.

See, usually when stocks get choppy or start selling off, investors can hedge by buying bonds or gold.

Well, gold has dropped 10% since the war started and bond yields are jumping too because the market expects interest rates to stay higher for longer because higher oil prices are fueling inflation fears.

So there's really nowhere for investors to hide right now, except for energy stocks and I guess cash.

So yeah, I expect another choppy week of trading.

On the bright side, we only have four trading days this week because the markets will be closed on Friday for Good Friday.

So no show from us that day, but we'll be here for the rest of the week, breaking down everything happening.

So make sure you guys are subscribed to the podcast and tuning in to stay in the loop.

Let's run through some headlines, starting with private credit.