"You never catch the bottom, but I've actually been adding to my positions lately because the fundamentals and earnings this year look pretty good. And we also have the productivity gains of AI."
"For the first time ever in 60 years, instead of staying on the sidelines, they're actually talking about the status quo being not acceptable going forward."
"Whatever we have now is not going to work out. And so you've got an alliance of the willing, including Saudi Arabia."
Brianna Keilar interviewed Kevin O'Leary about the stock market nearing correction territory amid the Iran conflict. O'Leary expressed optimism, citing historical volatility as potential buying opportunities. He noted that fundamentals and earnings appear strong, and advancements in AI productivity are overlooked. O'Leary emphasized the importance of the UAE's unprecedented stance on energy issues and the potential for oil prices to stabilize if the conflict resolves. He highlighted discussions at the PIF conference regarding energy alliances, indicating significant developments for investors.
Read at www.mediaite.com
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