Oil surged after Hamas’s surprise attack on Israel raised fears of a wider conflict. Investors avoided traditionally risky assets such as stocks and instead bought gold, bonds and the dollar. Bloomberg’s Stuart Livingstone-Wallace reports.
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3 Comments
Most of the world no longer listens to US, as they are all doing what’s best for their respective national security.
The Tech sector Holds Strong….EV tech and AI sector Stocks Leading the Charge in this New Bull Market…* SOUN.. SoundHound Voice AI tech….* PSNY… Polestar….* XOS Trucks….* NVDA Nvidia….* PLTR Palantir Up 5 % and * BBAI Up 1 %.
It's time to buy some oil stocks. Forget ESG. It's time to hedge portfolio against geopolitical risks. Defense and energy stocks to get rerated to reflect geopolitical risk premium.