Charles Schwab Says Oil Could Be on the Brink of a ‘Significant Spike,’ Warns of Correction via Rotation in US Stocks – The Daily Hodl

Jun 11, 2026 - 11:15
Charles Schwab Says Oil Could Be on the Brink of a ‘Significant Spike,’ Warns of Correction via Rotation in US Stocks – The Daily Hodl
The chief investment strategist at Charles Schwab is warning that oil prices could suddenly soar and send stocks lower. In a new interview on Bloomberg Television, Liz Ann Sonders says that if the US-Iran conflict keeps the Strait of Hormuz closed for much longer oil prices may quickly reach $150 per barrel. “I think it...

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