Iran has launched missiles toward Israel amid rising tensions, reportedly as a response to Israel's military actions in Lebanon. This escalation could lead to increased instability in the region, threatening peace and potentially impacting global markets.
Negative
Given the rising geopolitical tensions in the Middle East, particularly involving Iran and Israel, this situation may result in heightened volatility in oil prices and defense sector stocks. Investors should monitor the potential impacts on commodities and defense contractors, as demand may rise for military and security solutions.
Capitalist Pig hedge fund manager Jonathan Hoenig weighs in on market rallies, his concern for everyday Americans amid inflation, and his stock pick.
Oct 11, 2024, 12:25 PM
JPMorgan Chase & Co. chief Jamie Dimon on Friday sounded the alarm about "critical risks" to the U.S. economy in the bank's third quarter earnings report.
Slatestone Wealth Chief Market Strategist Kenny Polcari discusses the market rallying following the inflation report, Jamie Dimon's warning of geopolitical risks, and how he fared during Hurricane Milton.