A handful of stocks are carrying the market, and that won’t last: Analyst
Daniel Lam, Head of Cross-Asset Derivative Strategy at Standard Chartered Wealth Solutions, says global equity markets are underpricing how long supply chains will take to normalize even after the Strait of Hormuz reopens. He adds that AI and semiconductor stocks are propping up market right now, but those levels will eventually have to correct.
Daniel Lam, Head of Cross-Asset Derivative Strategy at Standard Chartered Wealth Solutions, says global equity markets are underpricing how long supply chains will take to normalize even after the Strait of Hormuz reopens. He adds that AI and semiconductor stocks are propping up market right now, but those levels will eventually have to correct.
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