Reported 6 days ago
Despite facing sharp sell-offs due to escalating tensions in the Middle East, market strategist Sam Stovall believes that markets want to recover and head higher. He emphasizes the importance of looking at the duration of these tensions and warns that intensified conflict could push oil prices above $85 per barrel. Stovall also indicates that historically, markets tend to gain after elections during September and October's volatility.
Source: YAHOO