Riesgo: U.S. Economy Flexible in Crude Oil Volatility, Software & Space Opportunities

Ahmed Riesgo says markets should focus on on-the-ground developments in the U.S.-Iran conflict rather than rhetoric. He argues that if the Strait of Hormuz is confirmed to reopen and crude oil prices fall, that certainty would form the basis for a market rebound, implying cautious upside for energy-exposed assets and broader market sentiment.

Analysis

Ahmed Riesgo says markets should focus on on-the-ground developments in the U.S.-Iran conflict rather than rhetoric. He argues that if the Strait of Hormuz is confirmed to reopen and crude oil prices fall, that certainty would form the basis for a market rebound, implying cautious upside for energy-exposed assets and broader market sentiment.