Ghabour: U.S.-Iran Memorandum Lifts Dark Cloud Over Stock Market

Eddie Ghabour calls the U.S.-Iran conflict a dark cloud over the stock market because of the inflationary pressure it induces. That pressure is expected to ease with both countries seeking a memorandum of understanding that will reopen the Strait of Hormuz. If oil prices trickle down, Eddie says we’re headed into a good outlook for the summer. However, he outlines analyst concerns of a tentative summer correction. ======== Schwab Network ========Empowering every investor and trader, every market day.Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribeDownload the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watchWatch on Vizio - https://www.vizio.com/en/watchfreeplus-exploreWatch on DistroTV - https://www.distro.tv/live/schwab-network/Follow us on X – https://twitter.com/schwabnetworkFollow us on Facebook – https://www.facebook.com/schwabnetworkFollow us on LinkedIn - https://www.linkedin.com/company/schwab-network/About Schwab Network - https://schwabnetwork.com/about