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US Markets Wrap: Record Highs & Red Flags
Published 5 months, 1 week ago
Description
Wall Street is celebrating record highs following President Trump's U.S.-Iran ceasefire extension and a stellar earnings season fueled by major beats. However, with the Strait of Hormuz effectively closed and Brent crude surging past $100 a barrel, concerns are mounting over whether equity markets are dangerously complacent about escalating geopolitical risks. Miller Tabak's Chief Market Strategist, Matt Maley discusses if these strong corporate fundamentals can outlast an impending energy shock, or if it is finally time for investors to take chips off the table.
Produced/Presented: Ryan Huang
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