Skip to contentHome page Seeking Alpha - Power to InvestorsUS EconomyApr 10, 2026, 5:10 AM ETS&P 500 Futures (SPX), SP500, SPY, NDX, DJI, RTY, DIA, QQQ, IWM, IVV, VOOAFMC, AFSM, ARKK, AVUV, BAPR, IVOO, IVOV, IVW, IWC, IWN, IWO, IWP, IWR, IWS, IYY, SPLV, SPMD, SPMO, SPSM, SPUS, SPUU, SPVM, QVMT, SPXE, SPXL, SPXN, SPXS, SPXT, SPXU, SPXV, SPYD, SPYG, SPYV, SPYX, SQLV, SSO, SSPY, SVAL, SYLD, TMDV, TPHD, TPLC, TPSC, UAUG, UJAN, UMAR, UMAY, UOCT, UPRO, USMC, USMF, USVM, MAGS, DBE, USO, DBO, USL, BNO, OILK, USOI, OLOXF, UCOLance Roberts34.1K FollowersCommentsThe catastrophist argument rests on a critical hidden assumption: that the global economy, central banks, and governments sit passively while a supply shock plays out.Oil shocks are simultaneously inflationary and recessionary. That’s what makes them so insidious and so difficult to manage.The evidence of previous oil shocks supports a deliberate defensive shift for the time being.Funtap/iStock via Getty ImagesLast week, we discussed the risk of an oil shock leading to a recession. To wit:“After more than three decades of watching oil markets upend economies, one pattern keeps repeating: investors learn the wrong lessons fromThis article was written byLance Roberts34.1K FollowersAfter having been in the investing world for more than 25 years from private banking and investment management to private and venture capital; I have pretty much "been there and done that" at one point or another. I am currently a partner at RIA Advisors in Houston, Texas. The majority of my time is spent analyzing, researching and writing commentary about investing, investor psychology and macro-views of the markets and the economy. My thoughts are not generally mainstream and are often contrarian in nature but I try an use a common sense approach, clear explanations and my “real world” experience in the process. I am a managing partner of RIA Pro, a weekly subscriber based-newsletter that is distributed to individual and professional investors nationwide. The newsletter covers economic, political and market topics as they relate to your money and life. I also write a daily blog which is read by thousands nationwide from individuals to professionals at www.realinvestmentadvice.com.CommentsTo ensure this doesn’t happen in the future, please enable Javascript and cookies in your browser.Is this happening to you frequently? Please report it on our feedback forum.If you have an ad-blocker enabled you may be blocked from proceeding. Please disable your ad-blocker and refresh.