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Stock impact report

Market Outlook: Oil shock from Middle East conflict rattles global stocks [BNN Bloomberg (Canada)]

Allegion plc Ordinary Shares (ALLE) 
Last allegion plc ordinary shares earnings: 4/23 05:50 am Check Earnings Report
US:NYSE Investor Relations: investor.allegion.com
Company Research Source: BNN Bloomberg
BNN Bloomberg spoke with Tim Regan, managing director and portfolio manager at Kingwest & Company, who said investors should avoid chasing commodity spikes and instead focus on companies with stable and predictable earnings. Key Takeaways The closure of the Strait of Hormuz has triggered a major energy supply shock, contributing to volatility and downward pressure on global equities. Rising oil and gas prices are increasing inflation concerns and could complicate central banks' plans to cut interest rates. Supply disruptions could extend beyond energy, threatening global supplies of fertilizers and sulfur. Prolonged geopolitical tensions could weigh on global growth and heighten recession risks, particularly outside North America. Investors should avoid chasing commodity rallies and instead focus on businesses with durable earnings and predictable economics. Read the full transcript below: ROGER: As the conflict in the Middle East enters its third week, markets remain Show less Read more
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