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Good morning. To illustrate how uncertain the current juncture is for the global economy and markets, here are four major questions. Each injects volatility into a key global price; together, they fuel systemic uncertainty: Oil: How supply disruptions evolve, alongside China's role as a "swing consumer." Yields: Whether the US Treasury will be tempted into additional market intervention to influence bond yields. The Fed: If it validates this week the market's 90% pricing of a rate hike, does this prove to be a "one and done" or the start of a tightening cycle. AI: How the balance between promise and peril is struck. #economy #markets #yields #federalreserve #oil #ai #energy