Schwab Network

Stock Market "Too Complacent?" Max Wasserman on "Overly Optimistic" Moves


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Max Wasserman believes investors are pricing markets to perfection, accounting for zero risk from the Middle East as the Strait of Hormuz remains closed. He adds that crude oil prices remain a long-term sticking point, saying the longer the U.S.-Iran War lasts, the longer the pain Americans will experience at the gas pump. Max like Big Tech and the AI trade, but warns valuations flared up quickly over recent weeks.


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