Market and economic wrap: Markets whipsaw as ‘Project Freedom’ attempts to reopen the Strait of Hormuz.

In this episode of the Market and Economic Wrap, Trevor Garvin, Head of Multi-Manager at Nedgroup Investments, explores renewed market volatility as geopolitical tensions in the Middle East intensify. The discussion focuses on efforts to reopen the Strait of Hormuz under “Project Freedom”, the sharp response in oil prices, and the ripple effects across global equities, bonds, and currencies. The episode also examines what higher energy prices mean for inflation expectations, interest rates, and portfolio positioning, highlighting why diversification remains critical in a headline-driven market environment.