Brian Sozzi asked me to give his viewers my take on markets after the second week of conflict with Iran. We agreed on one thing - Wall Street has been slow to the reality that this is a real oil shock, with real repercussions for 2026. That includes saying goodbye to Fed cuts this year, further compression in software stocks, and overall being patience and not reacting to headlines.
If you really want to take advantage of lower prices for stocks and bonds - then wait for actual lower prices. Because we aren't even down 5% from all time highs for the broad market. That isn't a correction, yet.