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US risks recession if oil stays at $100 a barrel for the next 30 days, strategist warns

By CNBC International TV April 13, 2026 Bearish
US risks recession if oil stays at $100 a barrel for the next 30 days, strategist warns
Destination Wealth Management's Michael Yoshikami says oil staying at or above $100 per barrel could trigger demand destruction and prompt the Federal Reserve to look past inflation and consider rate cuts.
Destination Wealth Management's Michael Yoshikami says oil staying at or above $100 per barrel could trigger demand destruction and prompt the Federal Reserve to look past inflation and consider rate cuts.