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The ‘Wild Cards’ Hiding in the Market

The ‘Wild Cards’ Hiding in the Market

Schwab Network · Schwab Network

June 23, 20258m 8s

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Show Notes

Russell Hackmann is positive on the market despite “wild cards” ahead. He says it would be “great” if crude oil stays between $70-$73 but discusses what could bring oil above $100/barrel. He also talks about Jamie Dimon’s warnings about the bond market cracking. He is “very concerned” about the long-term impacts of the U.S. deficit and thinks investors should stay away from fixed income. He discusses the thesis of his book, “Wall Street is Not Your Friend.”


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