How Personal Savings Affect the Economy

The ongoing conflict in Iran and rising oil prices have been the primary drivers of stock market swings in recent weeks. Brent crude oil has climbed back above $100 per barrel, raising questions about whether higher energy costs could slow economic growth while also pushing inflation higher.

The health of the economy is important to long-term investors because it drives their portfolios and their financial plans. Recent economic data points have sent mixed signals, leaving some investors unsure of what to make of the current environment.