Seasoned Wall Street investor Ed Yardeni, in an interview with Bloomberg on Jan. 30, recommended owning energy-related stocks to hedge against potential oil price shocks. Yardeni highlighted the current geopolitical volatility, particularly in the Middle East, as a factor that could lead to a surge in oil prices reminiscent of the crises experienced in the 1970s. “Energy is a hedge against things getting more out of control in that part of the world,” he stated, highlighting the potential for turmoil in oil-producing regions to upend markets. Drawing on the parallels with the oil shocks of the…
