Liz Ann Sonders said oil could reach $150 per barrel within a few weeks if the Strait of Hormuz does not reopen relatively soon.
According to NS3.AI, Sonders also said oil remains inversely correlated with stocks.
She added that average member drawdowns were negative 22% for the S&P 500 and negative 38% for the Nasdaq.
Liz Ann Sonders: Oil Could Reach $150 a Barrel if Strait of Hormuz Stays Closed
2026-06-11 09:27:08
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