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Jamner: Geopolitics Rattle Markets, but History Favors SPX Buyers
Description
Geopolitical tensions in the Strait of Hormuz are pressuring markets, but Josh Jamner says history shows these pullbacks are often buying opportunities. He notes the S&P 500 (SPX) typically rebounds as the U.S. economy remains less sensitive to oil shocks, with rate‑cut expectations still centered on 2026. Rising energy costs could weigh on airlines like United Airlines (UAL) and spill over into travel, reinforcing the case for focusing on companies with durable pricing power over the long term.
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