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Diehl: Strait of Hormuz "Cautionary Tale," "Out" of Mag 7 Except NVDA & AMZN
Description
Philip Diehl, president of the U.S. Money Reserve, is skeptical the two-week ceasefire between the U.S. and Iran will even hold due to the stark differences between goals. He explains how the situation surrounding the Strait of Hormuz serves as a "cautionary tale" for other countries as they rebuild strategic oil reserves. Philip later turns to equities and explains why Nvidia (NVDA) and Amazon (AMZN) are the only mag 7 companies he's still invested in.
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