Markets Are Betting the Iran War Is Over — Is it?
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Ceasefire removes the geopolitical risk premium
“The market's reaction to the ceasefire suggests that the geopolitical risk premium has completely evaporated.”
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Sticky inflation persists despite Fed efforts
“The underlying data suggests that getting back to 2% inflation is going to be much harder than expected.”
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Value stocks offer protection against volatility
“We are looking for companies that have the ability to return capital to shareholders regardless of the macro backdrop.”
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Rising yields challenge expensive tech valuations
“When the risk-free rate is this high, you have to be much more selective about paying for future growth.”
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Oil prices stabilize as conflict fears fade
“Is the market being too optimistic about the long-term stability of this truce?”