Oil prices rose above $100 per barrel over the weekend, stoking the flames of stagflation fears. When this happened in the 1970s, gold and oil went up for a long time, and the S&P 500 traded sideways for just as long… sound familiar?

Below, you can also see a recap of last week’s news as told by r/WallStreetBets users themselves, brought to you by AltIndex.

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Everyone keeps talking about the 70s, and no, it’s not just because of Star Wars, Watergate, and the inception of home video game systems. It’s because that was the decade of stagflation, and it looks like we might be in for an encore in the late 2020s.

Of course, nothing’s set in stone, and who knows if we’ll actually have a long period of stagflation. And even if we do, it very well might not be as intense and lengthy as it was in the 70s. But as we covered last week, several key economic factors point towards stagflation already, so we’re interested in what assets did best in the 70s to see what we can learn for the present decade.

First, the assets that did poorly in the 70s: stocks and bonds. Well, most stocks did poorly (they didn’t even beat inflation!). Some stocks of certain types did well…

Then the assets that crushed it in the 70s:

You might be thinking, “But gold already had a generational run over the past year. Could it really be a worthwhile investment right now?”

Gold could definitely still be a worthy investment in the context of these geopolitical conditions (no guarantees though).

But we aren’t looking at gold today. We’re looking at a gold miner.

This is a Canadian gold miner that has the highest stock rating on our partner AltIndex’s whole site right now. The crazy thing is that it’s been in the top 10 for quite a while now. Here’s what makes it so intriguing:

So, not only is AGI a bet on gold, but also a bet on stable government and operational growth at a time of geopolitical instability, higher prices, and what feels like a shrinking labor market.

See the AGI price prediction here.

This is not investing advice. Always do your own research.

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Markets opened brutally red Sunday night as US futures tumbled following oil's surge past $100 a barrel.

Here’s a recap of everything that happened on r/WallStreetBets last week, from how one of the biggest TikTokers in the world may have dumped a stock on his followers to a viral game theory post about when VCs might pop the AI bubble.

Oil markets are in chaos. West Texas Intermediate crude spiked 13% to over $103 a barrel, while Brent crude climbed 10% to $102. The Strait of Hormuz remains effectively closed after nine days of conflict, and major Gulf producers are slashing output as storage fills up. Iraq's production has plunged 60%, Kuwait and the UAE have joined the cuts, and analysts warn prices could hit $150 if the disruption continues for weeks.

The Fed is in a bind. After February's shock job loss of 92,000 positions pushed unemployment to 4.4%, officials now face surging oil, threatening to reignite inflation. New York Fed president John Williams said the conflict "would obviously affect the nearer-term inflation outlook," while Minneapolis Fed president Neel Kashkari admitted he's less certain about his penciled-in rate cut this year. The central bank meets later this month with 95% odds it holds rates steady.

This week's CPI and PCE readings on Wednesday and Friday will show whether oil's climb is feeding through to broader prices… just when the Fed was hoping inflation would continue cooling. Goldman Sachs estimates that if oil stays elevated for months, year-over-year headline inflation could temporarily climb back toward 3%.

401(k) hardship withdrawals hit a record 6% of participants in 2025, according to Vanguard's latest report, which is triple the pre-pandemic rate. Americans pulled an average of $1,900 each to stave off foreclosure or cover medical bills, with the increases driven by rising healthcare costs, student debt, and credit card balances accruing at double-digit rates.

Wall Street says AI and defense stocks offer refuge from the volatility. Microsoft and Apple remain "stay connected" necessities, while Palantir, CrowdStrike, and Palo Alto Networks are positioned as critical infrastructure for combating state-actor threats. Rob Haworth of US Bank Wealth Management sees a "structural tailwind" to AI with hyperscalers upping investment 30% in 2026 alone.

This week's calendar is packed:

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Cheers,
Brandon & Blake of Invested Inc