US-Israel War Sparks Market Concerns Over Stagflation
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Mar 13 2026
0mins
Source: CNBC
- Market Volatility: The ongoing US-Israel conflict with Iran has rattled markets, pushing oil prices to $99.78 per barrel, which raises investor fears of 1970s-style stagflation that could adversely affect both equity and bond markets.
- Historical Lessons: According to Capital Economics, the S&P 500 plummeted over 40% in 1973 due to a recession coinciding with the OPEC oil crisis, serving as a cautionary tale for today's investors who must navigate potential economic downturns.
- Gold Underperformance: Despite rising oil prices, gold investors have not seen significant gains as the dollar strengthens, indicating a stark contrast to the 1973 scenario where gold thrived, prompting a reevaluation of gold's hedging capabilities in the current market.
- Small-Cap Outlook: While small-cap stocks thrived in the 1970s, analysts suggest that current market conditions have not yet experienced the necessary
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Analyst Views on NUE
Wall Street analysts forecast NUE stock price to rise
10 Analyst Rating
8 Buy
2 Hold
0 Sell
Strong Buy
Current: 162.740
Low
168.00
Averages
179.00
High
200.00
Current: 162.740
Low
168.00
Averages
179.00
High
200.00
About NUE
Nucor Corporation is a manufacturer of steel and steel products, with operating facilities in the United States, Canada and Mexico. The Company also produces and procures ferrous and non-ferrous materials primarily for use in its steel manufacturing business. Its segments include steel mills, steel products and raw materials. Its products include carbon and alloy steel in bars, beams, sheet and plate; hollow structural section tubing; electrical conduit; steel racking; steel piling; steel joists and joist girders; steel deck; fabricated concrete reinforcing steel; cold finished steel; precision castings; steel fasteners; metal building systems; insulated metal panels; overhead doors; steel grating; wire and wire mesh; and utility structures. The Company, through The David J. Joseph Company and its affiliates, also brokers ferrous and nonferrous metals, pig iron and hot briquetted iron / direct reduced iron; supplies ferro-alloys; and processes ferrous and nonferrous scrap.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- Raw Materials Outlook: Although the raw materials segment is expected to see a slight increase in earnings, the overall growth is modest, highlighting the segment's vulnerability amid market fluctuations, which could impact the company's overall profitability.
See More
