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Erik Lundh expects two rate cuts this year: one in September and one in December. He notes that most of Iranian oil is shipped to China, so any disruption would hit them “first and foremost.” If they have to source oil elsewhere, prices could rise, he warns. He also discusses the “Big Beautiful Bill” moving through the Senate and what he expects from there before Trump’s July 4 deadline. Overall, certainty is key.

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Certainty is Key: Risks to Oil, Rate Cuts, and the ‘Big Beautiful Bill’

Schwab Network

Certainty is Key: Risks to Oil, Rate Cuts, and the ‘Big Beautiful Bill’