Financial Sense Newshour
Financial Sense(R) Newshour is a weekly podcast hosted by Financial Sense Wealth Management. It features regular interviews and commentary on global markets and the economy.
Episodes
Tian Yang: The Sovereign AI Race Is Changing the Rules of This Bubble
Oct 13, 2026 – Variant Perception CIO Tian Yang joins FS Insider to discuss why U.S. markets have entered a late-cycle phase, with the Federal Reserve tightening as growth weakens and leadership concentrates in AI and critical resources...
Who Will Pay for Your Care? Planning for Long-Term Care Costs
Oct 12, 2026 – A sudden fall or illness can turn independent living into a need for long-term care overnight. Nick Kile and Brendan McMurtrie break down the realities of long-term care: who needs it, what it costs, what Medicare and Medicaid actually cover...
Big Picture: Fiscal Dominance, Rising Rates, and Raging Debt
Oct 9, 2026 – America’s soaring national debt and surging interest payments have put the Federal Reserve in an impossible bind. In this interview, Cris Sheridan and Jim Puplava unpack why the Fed has few good options left, explore the looming...
AI Spending Is Booming, But Credit Markets Are Flashing a Warning | Market Wrap
Oct 9, 2026 – There's a disagreement developing in the markets that I think investors need to pay attention to, particularly if they've benefited from the tremendous rally in artificial intelligence stocks. Credit markets are becoming increasingly concerned...
"I Got Booed for Raising Cash": Jeffrey Huge Says This Feels Like 1999
Oct 9, 2026 – The S&P 500 keeps hitting new highs while most of its stocks quietly crash. Jim Puplava sits down with Jeffrey Huge, chief investment officer at JWH Investment Partners, to unpack a market that is overconcentrated, overvalued, overleveraged, and over-owned...
Chaos Erupting in Global Debt Markets, Warns Greg Weldon
Oct 8, 2026 – Bond yields are back to levels not seen since 2002, and Greg Weldon says the chaos is only beginning. Jim Puplava sits down with the veteran trader and author of Gold Trading Boot Camp to unpack a world under pressure from every angle...
Greenland Deal a Major Win for the U.S., Says Edward Gustely
Oct 7, 2026 – Is Greenland the blueprint for a new American geopolitical strategy? Edward Gustely joins FS Insider's Cris Sheridan to explore how strategic access strengthens U.S. positioning in the Arctic and counter China’s influence...
Business Succession Planning: Why So Many Fail (And What To Do About It)
Oct 5, 2026 – What does it take for a family business to survive beyond the founder? Brendan McMurtrie and Ryan Puplava explore the essential challenges of business succession planning, using the Anheuser-Busch sale as a compelling case study of...
This Week’s Market Wrap: Hiring Cools, AI Remains Hot, and Market Concentration Deepens
Oct 2, 2026 – The US economy keeps expanding but hiring is slowing, and market gains are increasingly driven by tech and AI leaders. While Micron thrives on AI demand, Nike lags. Narrow market breadth and investor complacency raise caution for the future...
Michael Belkin: The Bond Market Is Flashing 1987 All Over Again
Oct 1, 2026 – The bond market is flashing the same warning it did before the 1987 crash, and the stock market isn't listening. Jim Puplava sits down with Michael Belkin of The Belkin Report, a former Salomon Brothers quant strategist who watched the '87 crash...
Craig Tindale: Bessent Is the House, Gold Is the Tell
Sep 30, 2026 – The US Treasury is no longer a risk-free asset, and the world's central banks are already acting like it. Jim Puplava sits down with Australian investor and strategist Craig Tindale to unpack his article "Bessent Is the House Now, Gold Is the Tell"...
Superintelligent Cyber Operations Now Underway, Says 13D's Woody Preucil
Sep 29, 2026 – FS Insider speaks with Woody Preucil at 13D Research and Strategy about the surge in new AI-driven cyberattacks. Woody shares startling data on trillion-dollar economic losses, evolving attack strategies, and coordinated swarm intelligence...
Leaving California or New York? Critical Steps to Prevent Costly Audits and Tax Penalties
Sep 28, 2026 – Moving to a low-tax state? Crystal Colbert details the critical steps required to successfully change your state of residency without triggering costly tax consequences. Learn about the key factors states examine...
Gina Martin Adams on Exploding Earnings, Higher Rates, and US Market Outlook
Sep 25, 2026 – Market strategist Gina Martin Adams joins Jim Puplava to break down why tech and energy are leading a narrow US stock market, the role of extraordinary earnings growth in holding up the S&P 500 and Nasdaq despite high oil prices and...
This Week's Market Wrap: Yields Climb, Breadth Stays Thin as AI Carries the Tape
Sep 25, 2026 – Long-term yields jumped even as oil eased, while AI and semis kept leading a narrow market. Strong data raised hike odds, bonds now compete with stocks, and breadth remains thin. Here’s what it all means for rates, AI, and portfolios...
Silver Deficits, Undervalued Miners, and the Canada Bet: Ross Beaty's Playbook
Sep 25, 2026 – Mining companies can't simply pump out more silver, no matter how high the price climbs. In this conversation, Jim Puplava sits down with the legendary mining company builder Ross Beaty, founder of Pan American Silver and Equinox Gold...
Rising Yields, Fragile Tech, and Correction Risks
Sep 25, 2026 – Are soaring Treasury yields the next trigger for Wall Street volatility? As the 10-year yield crosses 5.2% for the first time in decades, Chief Investment Officer Chris Puplava explains why this rapid spike—and surging economic data—are fueling...
Avi Gilburt: Elliott's 70-Year Bull Market May Be Ending
Sep 24, 2026 –Avi Gilburt, co-founder of ElliottWaveTrader.net, marks 15 years of Elliott Wave analysis with bold calls for 2026 and beyond. He sees the S&P 500 possibly pushing toward 8,000, or even 9,500, before a major long-term top. He also shares targets...
Trevor Noren on the $2.3 Trillion Hole at the Center of the AI Trade
Sep 23, 2026 – Is the AI boom the biggest infrastructure buildout in history, or the most speculative? Trevor Noren of Sage Road Research joins FS Insider's Cris Sheridan to break down the widening gap between $200 billion in AI revenue...
Weaponizing Space, $150 Oil, and Geopolitical Red Lines – The Macro Butler's Laurent Lequeu
Sep 22, 2026 – Is weaponizing space opening a dangerous new chapter in the rivalry between the U.S., China, and Russia? Laurent Lequeu joins Cris Sheridan to explore a brewing space arms race—and the economic fallout he sees taking shape on Earth...
Brian McArthur Breaks Down Medicare: Advantage vs. Supplement, Penalties, and Timing
Sep 21, 2026 – Brian McArthur and Crystal Colbert discuss the often-confusing process of transitioning to Medicare at retirement, emphasizing that most people should not fear penalties or the complexity of the system. Brian explains the enrollment...
The $9.5 Trillion Refinancing Shock: Are You Prepared for the Yield Spike?
Sep 18, 2026 – Financial Sense Wealth Management's Jim Puplava examines the dramatic rise in interest rates and the “refinancing shock” facing the US, as trillions in government debt must be renewed at significantly higher yields. He explores how...
Robert Rapier: Why Diesel Crisis Is Worse Than Gas Pump Shock
Sep 18, 2026 – Energy expert Robert Rapier joins Jim Puplava to unpack a tightening global energy crisis, as the effective closure of the Strait of Hormuz sends diesel prices soaring and crack spreads to record highs. Rapier explains why depleted...
This Week’s Market Wrap: Fed Hike, AI Safety, and Weakening Market Breadth
Sep 18, 2026 – The Fed raised rates as expected, but Chair Warsh’s comments signaled a focus on trends, not single data points. Oil above $100, 10-year yields near 5%, and growing AI and crypto policy debates add risk, while market breadth is weakening...
Market Update with Craig Johnson: Sell Signals Flash, Energy Heats Up, Yields Loom
Sep 18, 2026 – "Bullseye" Craig Johnson of Piper Sandler discusses recent market turmoil following Fed rate hikes, highlighting weak market breadth and the likelihood of deeper consolidation or correction ahead. He warns of risks tied to rising debt...
Dr. Alan D. Thompson on GPT-6, 'Proto-ASI', and Recursive Self-Improvement
Sep 17, 2026 – Are we crossing the threshold from artificial intelligence to superintelligence? Dr. Alan D. Thompson joins Cris Sheridan to explain how frontier AI models have outgrown human-designed tests—and why physical embodiment...
Martin Armstrong on WWIII Risks, 2030 Debt Crisis, and Soaring Commodities
Sept 17, 2026 – Escalating wars and supply disruptions are fueling a major commodity boom that could last into the 2030s, says well-known global forecaster Martin Armstrong in today's exclusive interview with FS Insider. Martin provides his big picture...
Satyajit Das: The Financial Engineering Behind the AI Boom
Sep 15, 2026 – Financial author and derivatives expert Satyajit Das joins FS Insider's Cris Sheridan to examine the risks he sees building beneath the AI boom, as higher borrowing costs and mounting global debt put pressure on the financial system...
AI vs. Advisors: When AI Research Meets Human Judgment
Sep 14, 2026 – Is AI helping you invest smarter or steering you toward the same crowded trades? In this Lifetime Planning episode, Nick Kile and Brendan McMurtrie explore the opportunities and pitfalls of AI-driven investing, from hidden portfolio concentration...
Chris Puplava: Markets Can't Ignore This Energy Shock
Sep 11, 2026 – Stocks are flashing warning signs beneath the surface. Financial Sense CIO Chris Puplava examines how narrowing market leadership, rising energy costs and renewed rate-hike expectations are testing the rally. With consumer stocks...
Jim Welsh: Why I'm Raising Cash
Sep 11, 2026 – Can stocks keep defying rising rates and soaring energy costs? Macro Tides’ Jim Welsh explains why he expects a Fed hike—and why it may not launch a prolonged tightening cycle. He flags weakening market breadth, crowded AI...
This Week’s Market Wrap: $100 Oil, 5% Yields, and Increasing Odds for Fed Hike
Sep 11, 2026 – Oil above $100, Treasury yields near 5%, and rising Fed hike odds tighten financial conditions. AI spending buoys market leaders, but weakening breadth and Iran tensions raise risks, making the Fed outlook and capital protection...
Jordan Roy-Byrne: Gold Miners Just Flashed a Signal Not Seen in 20 Years
Sep 11, 2026 – Jordan Roy-Byrne explains why he believes gold and silver’s sharp correction has ended—and why the next advance could be powerful. Highlighting gold miners’ leadership, improving profitability, and potential capital flows out of stocks...
Adriano Bosoni: Risks of Widening Ukraine War, False Flag Attacks
Sep 11, 2026 – The front lines may be frozen, but the economic fallout is widening. Adriano Bosoni, RANE’s director of geopolitical analysis, examines how deep strikes, strained air defenses and Black Sea shipping disruptions are reshaping...
David Woo on $100 Oil and Major Cyberattacks
Sep 10, 2026 – Markets may be underpricing two interconnected threats: an oil shock and a reversal in the AI boom. In this interview with Cris Sheridan, macro strategist David Woo explains why he sees a path to $150 crude if Gulf negotiations unravel...
Ed Yardeni: Roaring 2020s Driven by $90T G-Shaped Economy
Sep 7, 2026 – Ed Yardeni discusses his bullish outlook for the S&P 500, raising his year-end target to 8,400 and projecting 10,000 by decade’s end. He highlights the “Roaring 2020s,” G-shaped vs. K-shaped economy, strong earnings and productivity...
Why Everything You Know About Cancer Might Be Wrong: A Conversation with Dr. Thomas Seyfried (Replay)
Sep 7, 2026 – Boston College’s Dr. Thomas Seyfried tells Financial Sense Newshour’s Jim Puplava why he believes cancer is a mitochondrial metabolic disease—not primarily a genetic one. He explains why conventional treatments may miss the real driver...
This Week’s Market Wrap: Selectivity Rises Amid Oil Gains and Shifting Leadership
Sep 4, 2026 – Oil is back above $90, the August jobs report has kept a Fed rate hike in play, and market breadth has weakened even as the S&P 500 remains near its highs. At the same time, AI spending continues to look exceptionally strong, and several areas...
Big Picture Macro Investing: Oil, Inflation, and Hard Assets
Sep 4, 2026 – We are witnessing one of the most significant macroeconomic shifts in over half a century. US energy reserves are approaching operational limits as they are drawn down to buffer disruptions from the Iran conflict, while the energy sector faces a multi-trillion...
Jeff Christian: Gold Heading to $5,000 as Bull Market Resumes
Sep 3, 2026 – Gold just ripped more than $700 higher in a single month—and according to one of the most accurate commodity forecasters we speak with, this is only the beginning. In today's FS Insider interview, Jeff Christian explains why the recent rate-driven...
Kurt Kallaus: America's Oil Reserves Are Running Low—Hard Decisions Ahead
Sep 2, 2026 – The bond vigilantes are back—and oil is fueling the fire. Kurt Kallaus reveals why we're "living on borrowed barrels," how draining reserves could jolt markets by October, and the surprising sectors he's buying while....
Rick Rule's Commodity Picks: "You Ain't Seen Nothing Yet"
Sep 1, 2026 – On the very week the CRB Commodity Index breaks out to a fresh 16-year high, legendary resource investor Rick Rule sits down with FS Insider's Cris Sheridan to deliver a masterclass on where we are in the commodity bull market...
The Death of a Decision Maker: You Built the Plan—But Can Anyone Else Run It?
Aug 31, 2026 – When one spouse manages all the finances, passwords, and key relationships, their sudden death can trigger legal, financial, and operational chaos. Today, we explore the risk posed by the "death of a decision maker" and three...
This Week's Market Wrap: AI's Falling Costs, Software's Comeback, and a Hawkish Warsh
Aug 28, 2026 – Nvidia and Marvell reveal AI's next phase, software stages a comeback after the "SaaS apocalypse," and a hawkish Warsh puts a Fed hike back on the table. Ryan Puplava breaks down where growth, value, and rate risk collide for investors...
Data Shows AI Race About to Hit Utility Wall, Says Coeus Institute's Michai Morin
Aug 27, 2026 – As frontier AI models converge on near-identical performance, Coeus Institute's Michai Morin argues the industry's defining battle is shifting from intelligence to economics—and the West may be losing. In a wide-ranging interview...
Garry Golden: AI Backlash, Robot Economy, and Race to AGI
Aug 26, 2026 – Futurist Garry Golden returns to discuss why the backlash against AI data centers has gone bipartisan—from blue states to Texas's new moratorium. He explains why slowing AI is unlikely, how humanoid robotics could reshape...
$17,000 Gold? Pierre Lassonde on the 'Anti-Dollar' Bull Market Amid $40 Trillion Debt
Aug 25, 2026 – Legendary gold investor Pierre Lassonde joins Jim Puplava to reveal why gold’s current bull market may only be the beginning of a much larger advance throughout the remainder of this decade. Lassonde exposes striking historical...
The New Rules of Saving for Your Kids: Tax-Free Growth, FAFSA Hacks and the $1,000 Government Seed
Aug 24, 2026 – Wealth advisors Crystal Colbert and Nick Kile break down the four best ways to build long-term wealth for your children in 2026—including 529 plans, UTMAs, custodial Roth IRAs, and the brand-new Trump Account. Discover expanded K-12...
The $4 Billion Signal That Sent Gold Soaring
Aug 21, 2026 – Chris Puplava explains why Treasury Secretary Bessent's buyback announcement was a pivotal "whatever it takes" moment—and what it could mean for your portfolio. He reveals how the US may now be sacrificing the dollar to cap...
This Week’s Market Wrap: Bond Yields Hit Multi-Decade Highs
Aug 21, 2026 – The biggest move this week wasn’t semis or Iran—it was bonds. 30-year Treasury yields hit 5.3%, a two-decade high. Investors are demanding more compensation for duration amid $40T debt, AI financing needs, and rising oil...
Vincent Randazzo: Materials on the Verge of Major Breakout
Aug 21, 2026 – How strong is the current bull market and which sectors are outperforming? Vincent Randazzo of ViewRight Advisors joins Jim Puplava to reveal why strong market breadth is leading the S&P 500 higher despite rising rates, oil, and...
John Williams: Real Inflation Rate Closer to 11%
Aug 20, 2026 – Is official inflation telling the full story? Economist John Williams of ShadowStats joins Jim Puplava to examine how methodological changes to the CPI since 1980 have reshaped reported inflation, and what his alternate measure...
Jim Roemer: How a Super El Niño Could Reshape Food Prices and Commodity Markets
Aug 19, 2026 – Meteorologist and commodity trading advisor Jim Roemer explains the factors increasing the odds of a Super El Niño, threatening to drive soft commodity prices higher and also bring disruptive weather patterns globally...
From Nursery to Nest Egg: Financial Planning for New and Expecting Parents
Aug 17, 2026 – Brendan McMurtrie and Crystal Colbert of Financial Sense Wealth Management discuss essential financial planning steps for new and expecting parents. Topics include budgeting for baby expenses, optimizing health insurance...
This Week's Market Wrap: Wall Street Shrugs Off a Weakening Consumer to Hit New Highs
Aug 14, 2026 – Inflation data cooled enough to ease rate-hike fears. The consumer is showing real cracks in retail sales and sentiment. AI infrastructure spending keeps accelerating, led by Nvidia's $500 billion financing push. Market breadth is broadening beyond mega-cap tech...
Oil Super Spike Warning: Ron William on the 1970s Parallel Nobody's Pricing In
Aug 13, 2026 – A shock to the oil market may be just getting started. In this Financial Sense interview, Jim Puplava sits down with Ron William of RW Advisory to break down why the Strait of Hormuz, record-low strategic reserves, and a fragile geopolitical standoff between the US and Iran could trigger a repeat of a 1970s-style oil super spike...
Mark Mills: AI's Energy Boom Is 10x Bigger Than Data Centers
Aug 12, 2026 – Energy expert Mark Mills at the National Center for Energy Analytics upends conventional wisdom in this must-hear Financial Sense Newshour conversation with Jim Puplava—one that could reshape how you think about...
David Trainer Called Oracle's Collapse—Now He's Warning About AI's Biggest Blind Spot
Aug 11, 2026 – Could AI be quietly steering your money into the next Enron? New Constructs CEO David Trainer reveals why the AI everyone's using for stock picks is dangerously blind—chasing hype while missing the accounting time bombs that sink...
Dr. Lenzkes on the Blood Test That Best Predicts How Long You’ll Live
Aug 10, 2026 – Can longevity really be measured and improved? In this eye-opening interview, Jim Puplava sits down with Dr. Brian Lenzkes to break down the results of his MVX Plus longevity blood test after completing an intensive biohacking regimen...
Renewed Dollar Weakness Ignites Precious Metals Rally, Says Chris Puplava
Aug 7, 2026 – Chris Puplava highlights recent catalysts behind the rally in gold and silver, including yen intervention, a weak jobs report, and broad-based dollar weakness. He notes China’s aggressive gold buying, a shift in the U.S. labor market toward...
Chris Martenson: The "Mystery Seller" Secretly Crushing Oil Prices
Aug 7, 2026 – Chris Martenson of Peak Prosperity joins Jim Puplava to expose the "mystery seller" crushing oil prices in thin overnight futures markets—and why it can't last. From plunging Cushing and SPR inventories to surging diesel crack...
This Week's Market Wrap: AI Evolving, Labor Softening, and Broadening Rally
Aug 7, 2026 – Earnings continue to support the AI infrastructure cycle. The labor market is slowing without clear evidence of recession. The Nasdaq repaired what now looks like a failed breakdown. Breadth remains healthy, and global technology...
Greg Weldon: Metals Surge, Dollar Reversal, and Super El Niño
Aug 7, 2026 – Greg Weldon, publisher of the Global Macro Strategy Report, discusses gold and silver's surge this week, signaling renewed momentum for precious metals as the U.S. dollar weakens. Greg also explains how forecasts for a Super El Nino...
Market Whiplash, AI Weaponization, and Iran: Tom Essaye Breaks It Down
Aug 5, 2026 – Sevens Report's Tom Essaye breaks down the whiplash rally driving the S&P 500 and Dow to record highs—crediting blowout cloud earnings from Microsoft and Amazon for shattering AI bubble fears. He weighs in on the chilling reality...
Why Peter Boockvar Is Buying What Wall Street Hates
Aug 4, 2026 – Stocks surged to record highs Tuesday as the S&P 500 and Dow rallied on blowout cloud earnings from Amazon and Microsoft. But CIO Peter Boockvar warns the AI-fueled melt-up may be a "bear trap." He breaks down the historic data center...
RMDs Explained: The 25% Penalty Retirees Don't See Coming
Aug 3, 2026 – Missing a single deadline can trigger a 25% tax penalty, and most retirees do not realize how many ways an RMD can quietly reshape their finances. Brendan McMurtrie sits down with Ryan Puplava to break down required...
This Week’s Market Wrap: Strong Earnings Meet Rising Costs
Jul 31, 2026 – This week showed that earnings can overpower macroeconomic pressure when companies provide hard evidence that spending is producing revenue, backlog, and adoption. Microsoft and Amazon revived the AI trade through rapid cloud growth and clearer monetization,
Big Picture: The Supply Crisis Behind the Precious Metals Supercycle
Jul 31, 2026 – Jim Puplava argues that precious metals are near the end of a cyclical cooldown and consolidation. He attributes the correction to rising rates, a strong dollar, and leveraged paper-market shakeouts. Longer term, he sees intensifying tailwinds...
Tom McClellan: This Chart Just Broke the 2000 Bubble Record
Jul 30, 2026 – Is the stock market flashing warning signs even as analysts predict record earnings? Veteran market technician Tom McClellan joins Jim Puplava to explain why extreme optimism often signals a top, why valuations relative to money supply...
Rogue AI, Capex Discipline & the Midterms: A Conversation with Bruce Mehlman
Jul 30, 2026 – When an OpenAI frontier model broke out of its sandbox and hacked Hugging Face on its own, it forced a hard question: how do we govern AI that's both ubiquitous and powerful? Policy powerhouse Bruce Mehlman unpacks...
Regional Rivals: Japan, China, and the Weapons of Economic War — feat. Rodger Baker
Jul 28, 2026 – Explore how shifting power dynamics between China and Japan are reshaping the Indo-Pacific, with exclusive insights from geopolitical analyst Rodger Baker. Learn why critical supply chains, rare earth minerals, and control...
AI WARS: Craig Tindale on the US-China Race for Mineral Supremacy
Jul 24, 2026 – China’s rapid AI advancements and dominance in critical minerals are spotlighting a global “race for stuff” beyond simple computing power, says analyst Craig Tindale. Tindale highlights looming supply bottlenecks in gallium...
Jim Welsh on Gold's Next Leg, Oil, and Climbing Bond Yields
Jul 24, 2026 – Jim Welsh of Macro Tides sees U.S. stock markets locked in a sideways chop as sector rotations offset semiconductor weakness, with the S&P at a critical technical juncture. He expects Treasury yields to climb, possibly surpassing...
We're Raising Cash and Getting More Defensive, Says Chris Puplava
Jul 23, 2026 – Is it time to get more defensive? Financial Sense Wealth Management CIO Chris Puplava discusses the ongoing geopolitical conflicts in Iran and the broader Middle East, which are disrupting oil supplies and raising inflation risks...
SpaceX Wants a Million Data Centers in Space – What Could Go Wrong?
July 22, 2026 – Chief Technologist Dr. Sven Bilén explores the audacious vision of launching data centers into space—a move championed by SpaceX, which plans to deploy up to 1 million orbiting data satellites. Leveraging sun-synchronous orbits...
China's AI Surge and $100 Oil - Laurent Lequeu's Warning on US Big Tech
July 21, 2026 – Singapore-based macro strategist Laurent Lequeu of The Macro Butler discusses the intensifying US-China AI race following the release of Moonshot's Kimi K3. Lequeu explains why Chinese competition threatens Western AI profitability...
Navigating Maternity Leave: Your Guide to Federal and State Disability Coverage
Jul 20, 2026 – Brendan McMurtrie and Crystal Colbert discuss essential financial and workplace planning tips for expectant mothers. They explain maternity leave, FMLA, California protections, paid family leave, and supplemental disability...
No Minerals, No AI: Examining Five Critical Resource Pillars
Jul 17, 2026 – Explore how minerals and natural resources underpin modern technology, AI, national defense, and the shift to green energy. Financial Sense's Jim Puplava reveals how critical minerals drive everything from smartphones...
Has the Data Center Boom Peaked? Robert Bryce on the Growing Backlash
Jul 17, 2026 – Robert Bryce discusses his data center rejection database, highlighting the surge in local moratoriums and project denials across the U.S., including the recent first-ever state-wide moratorium by New York. He explains the drivers...
War, Oil, and AI: Ryan Sweet on Potential Dominoes in the Second Half
Jul 17, 2026 – Chief Global Economist Ryan Sweet of Oxford Economics shares insights on the economic risks posed by renewed conflict in Iran, oil price volatility, and global supply chain pressures. He explains potential impacts on GDP growth, inflation
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