The March Fed decision is a few weeks away and a whole new series of macro lore just dropped. > Geopolitical tensions escalate in the Middle East, increasing global uncertainty > Oil prices surge on supply disruption fears, pushing crude toward $77 per barrel > Broader equity markets sell off as investors price in higher inflation risk and slower growth > Fed rate cut expectations fade, with markets now overwhelmingly expecting rates to remain unchanged in March Buckle up, folks(Gemini)