09/27/2026
What happened last week?
It appears, if only temporarily, that tension in the Middle East has eased slightly. The activity at the United Nations rose last week as major speeches were given. Progress was difficult to identify, rhetoric and threats were plentiful, and increased military action did not materialize.
As a result, the price of oil fell to $92 on Friday afternoon. It had jumped up on September 10th to over $100 and stayed above that threshold for more than a week. Despite this recent decline the price is up 61% this year, and 42% above its price from one year ago.
Email from Raymond James Your Go-to Resource for Business Insights Your Monday Morning Coffee  Last Week in the Markets: Sept 21-25, 2026     What happened last week? It appears, if only temporarily