Macro Insights Weekly - Implication of three simultaneous shocks

From a sharp rotation of investor sentiment within the US equity space to rumbles in the private credit universe to the ongoing oil price spike, global markets are dealing with a lot.
Equity investors are paying progressively more for downside protection.
Private credit sector stress has been rising.
Iran crisis could push up headline inflation considerably.
Each of these shocks have some potential mitigating dynamic at play.
But their simultaneous occurrence is going to test the global economy and markets considerably.