Reported 29 days ago
In a recent discussion, Yardeni Research's chief market strategist Eric Wallerstein identified geopolitical tensions, particularly involving Iran and Israel, as the primary risk to US economic growth. He noted that diminishing tensions contributed to a significant drop in oil prices, positively affecting financial markets while highlighting concerns of political instability in Japan. Wallerstein expressed confidence in the US as a robust economy but cautioned that the ongoing increase in the national deficit could impact the bond market.
Source: YAHOO