In this episode, Jake breaks down the escalating geopolitical risks in the Middle East, including Iran's recent missile strikes on Qatar's Ras Laffan LNG facility—the world's largest—which have caused extensive damage, sparked fires, and driven natural gas and oil prices sharply higher (WTI nearing $100+). We explore the implications for global energy supply, emerging markets (especially Asia), and your portfolios.

Jake also recaps the Federal Reserve's latest decision: rates held steady at 3.5–3.75%, with markets coalescing around just one cut in 2026 amid softening labor data and potential inflationary pressures from commodities and lingering tariffs.

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