Stocks extends rally as U.S. Iran ceasefire holds. Tech, Bitcoin, oil, gold all higher
790 KABC · 790 KABC | Cumulus Media Los Angeles
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Show Notes
Frank Mottek discusses the latest market developments with Daniel Ives, Managing Director & Global Head of Technology Research a Wedbush Securities. They dive into the impact of the US-Iran ceasefire on the markets, with stocks climbing despite oil prices settling well off their highs. Daniel shares his bullish outlook on tech and risk-on assets, citing Nvidia and Microsoft as key players in the AI revolution. They also discuss the potential for a prolonged inflationary view and the Fed's next move.
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