🚨🇺🇸🇮🇷 The head of Europe’s central bank issued a brutal warning:
“Financial markets do not understand what they’re in for.”
Christine Lagarde says the damage from the Iran war is already done, and it’s going to last for years.
She pointed out something most investors completely missed:
Helium (critical for making advanced chips) flows through the Strait of Hormuz.
Qatar’s supply has gone dark, and chipmakers only have a few months of inventory.
Oil is spiking, inflation is coming, and the ECB may even have to hike rates.
Lagarde’s message: Markets are still in denial.
This is going to hurt A LOT.
Source: The Economist, @_Investinq
