Record U.S. stocks: disconnect or not?

About this episode

Ehsan Khoman discusses the implications of record U.S. stock highs amidst global supply chain disruptions.

U.S. stocks are hitting record highs even as disruptions in the Strait of Hormuz weigh on global supply chains. Ehsan Khoman, Economist at the BlackRock Investment Institute, explains why we think markets are pricing in both an AI-driven earnings boost and the impact of those disruptions — not signaling a disconnect. General disclosure : This material is intended for information purposes only, and does not constitute investment advice, a recommendation or an offer or solicitation to purchase or sell any securities, funds or strategies to any person in any jurisdiction in which an offer, solicitation, purchase or sale would be unlawful under the securities laws of such jurisdiction. The opinions expressed are as of the date of publication and are subject to change without notice. Reliance upon information in this material is at the sole discretion of the reader. Investing involves risks. BlackRock does and may seek to do business with companies covered in this podcast. As a result, readers should be aware that the firm may have a conflict of interest that could affect the objectivity of this podcast. In the U.S. and Canada, this material is intended for public distribution. In the UK…

People in this episode

Guest: Ehsan Khoman

Topics covered

• U.S. stocks
• global supply chains
• AI-driven earnings
• market analysis
• economic disruptions

Keywords

• U.S. stocks
• Strait of Hormuz
• AI earnings boost
• market pricing
• economic analysis

Mentioned in this episode

Organizations: BlackRock, Financial Conduct Authority

Places: Strait of Hormuz, U.S., UK, Canada, Non-European Economic Area (EEA), London

More episodes of Market take

• The need for a new portfolio approach · June 8, 2026 · 4 min
• Midyear Forum: speed meets scarcity · June 1, 2026 · 4 min
• The need to diversify diversifiers · May 26, 2026 · 4 min
• Upping developed stocks strategically · May 18, 2026 · 4 min
• Earnings strength keeps us risk-on · May 4, 2026 · 3 min
• Persistent inflation constrains policy · April 27, 2026 · 4 min