10/19/2026
Running out of time? The clock is ticking on the economy’s ability to absorb expensive energy.
Oil supply disruptions, stubborn inflation and higher financing costs are testing households and businesses, even as markets look for a diplomatic breakthrough ahead of the November 3 election.
In the latest State of Play, Luke Perry explores why more oil production doesn’t necessarily mean cheaper fuel at the pump, how tariffs and energy costs could squeeze corporate margins, and what this week’s earnings and economic reports may reveal.
There’s another pressure point worth watching: financing stress in parts of the AI infrastructure buildout. Are markets starting to worry as much about how growth gets funded as how fast it grows?
Read “The State of Play: Running Out of Time?” from Whalen Financial Research
https://whalenfinancialresearch.substack.com/p/the-state-of-play-running-out-of
