Stocks holding up amid oil woes – Sound Economies with Mel & Peter, 18 March 2026
The world is being pummeled by sky-high fuel prices, but equities appear unfazed. Episode 75 also looks at US allies rejecting Trump’s call for backup at the Hormuz Strait, increased concern about Indonesia as it resorts to budget cuts, and our projected pause from the Fed and major central banks.
Timestamp:
(00:00) – Episode rundown
(00:17) – Intro
(00:42) – Quick updates
(02:13)- Trump delays visit to China, calls for backup in Iran
(08:07) – Indonesian PM rejects relaxation of deficit ceiling, cuts government agency budgets
(13:58) – US loses its footing as a global player
(17:25) – Big 4 central banks set rates amid Middle East attacks
(20:50) – Our global outlook
“Sound Economies with Mel & Peter” is a weekly podcast where our founding CEO Peter Lundgreen and Manila-based Chief Economist Mel Lopez discuss what’s happening in economies around the world and their views of the global financial markets.
Tune in to this episode on Spotify, YouTube, and wherever you listen to podcasts.
