US Markets Wrap: Highs, Lows, and the Hormuz Bottleneck

The markets teased investors with a glimpse of the mountaintop on Thursday, as both the S&P 500 and Nasdaq touched fresh all-time intraday highs before a dramatic reversal left Wall Street in the red.  Steven Wieting, Co-Founder and Chief Investment Strategist at The CIO Group shares how he is repositioning his portfolio and his view of where safe havens are now. Produced/Presented: Ryan HuangSee omnystudio.com/listener for privacy information.