The Strait of Hormuz is the fourth large supply shock this decade. Welcome to the new era of global disorder

The Strait of Hormuz is the fourth large supply shock this decade. Welcome to the new era of global disorder

The Fed keeps calling these events bad luck. They aren't.

In 2020, Covid shut down global supply chains and sent inflation surging. In 2022, Russias invasion of Ukraine triggered a global energy and food price shock. U.S. tariff policies in 2025 disrupted g… [+5620 chars]
The Strait of Hormuz is the fourth large supply shock this decade. Welcome to the new era of global disorder - FHMnews