David Bahnsen, founder and managing partner of The Bahnsen Group, explains why the US stock market is shrugging off Iran tensions. Investors are more focused on profits and the AI buildout.
David Bahnsen, founder and managing partner of The Bahnsen Group, details the US stock market’s resilience amidst Iran tensions. He explains that investors prioritize corporate profits and the AI buildout over geopolitical events. Larry Kudlow and Bahnsen agree oil prices are down, and the market shows a healthy broadening beyond a few large tech companies, indicating robust underlying economic strength.