
There is undoubtedly a new world order emerging now, with the U.S. dominating world energy markets. Meanwhile, China’s military influence is waning.
Economist Ed Yardeni headlined this current AI-fueled rally as a surge “To Infinity and Beyond!” I agree.
Overall, investors are increasingly confident that the U.S. is the safest place in the world to invest.
Fed Chair Jerome Powell’s second four-year term ends May 15th, and Senate hearings for incoming Fed Chair Kevin Warsh are nearing a positive conclusion.
I expect second-quarter GDP growth to surge and 5% GDP growth to arrive no later than the third quarter.
It is fair to say that the excitement about the upcoming quarterly announcement season is building, so we have a lot to look forward to in the upcoming weeks.
I want to assure investors that cooler heads may prevail, and the Strait of Hormuz will reopen, since the world needs the commodities that travel through it.
This is a good time to remind all investors that good stocks bounce.
Investors should expect continued volatility until the energy situation stabilizes.