Michael Purves looks to history to make sense of the U.S./Iran story and potential market moves, noting that “oil is embedded” in all recent conflicts in some way. “Being long oil usually works,” he argues, “long gold works.” He tells investors to look for potential U.S. recession cases in the wake of the conflict, and what to do if they believe they see one. Michael discusses the longer-term picture for the energy sector and why he thinks prices will stay higher.

======== Schwab Network ========

Empowering every investor and trader, every market day.

Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribe

Download the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185

Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7

Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watch

Watch on Vizio - https://www.vizio.com/en/watchfreeplus-explore

Watch on DistroTV - https://www.distro.tv/live/schwab-network/

Follow us on X – / schwabnetwork

Follow us on Facebook – / schwabnetwork

Follow us on LinkedIn - / schwab-network

About Schwab Network - https://schwabnetwork.com/about