About this episode

The episode discusses the current state of the economy, oil prices, and investment opportunities amidst market challenges.

Shawn Severson, chief executive officer and the head of market and thematic research at Water Tower Research , says that oil futures prices looking out into 2027 and reacting as if "$70 is the new $60," a sign that the market does not think any oil shock will be long-lasting. Meanwhile, he says that the economy's continuing strength is showing that it can absorb and tolerate higher inflation and other current headline risks without falling into a recession. As a result, he sees downturns while the market digests the uncomfortable news as if there's a "pig in the python" as buying opportunities. Jenny Harrington, chief executive officer and portfolio manager at Gilman Hill Asset Management says in the Market Call that artificial intelligence having sucked up so much attention and investment dollars has actually created "more excellent opportunities in the past year than I have had in a long time." Despite that, Harrington says it's a tough overall market to pick stocks because current events are distorting and disrupting markets and "I don't think we've even begun to feel what the reverberations and aftershocks may be from the closing of the Strait of Hormuz." Stephen Kates…

People in this episode

Host: Chuck Jaffe

Guests: Shawn Severson, Jenny Harrington, Stephen Kates

Topics covered

• oil prices
• market analysis
• inflation
• housing affordability
• artificial intelligence
• investment opportunities

Keywords

• oil futures
• inflation
• housing market
• artificial intelligence
• investment
• recession
• market trends

Mentioned in this episode

Organizations: Water Tower Research, Gilman Hill Asset Management, Bankrate.com

Places: Strait of Hormuz

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