Oil Prices, Stagflation & Market Volatility: What’s Driving Global Markets?

In this episode of the Market Maker Podcast, we break down the recent surge in oil prices, rising stagflation risks, and the impact on global financial markets.

With crude trading in a key $100-$120 range, we explore what’s driving volatility, how different economies are exposed to the energy shock, and why investors are shifting towards defensive sectors. We also examine the relative outperformance of the FTSE 100 and discuss what stagflation means in practice for growth, inflation, and market behaviour.

This episode provides a clear, educational overview of the macro forces currently shaping markets.

(00:00) Oil Volatility and Market Conditions

(05:55) The Impact of News Flow on Prices

(09:44) Sector Performance: Winners and Losers

(14:47) Global Energy Dependency and Risk

(27:12) FTSE 100 Outperformance Explained

(30:52) Understanding Stagflation

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