While I am hopeful that the conflict is on a path toward a peaceful resolution, it is unclear how long these supply disruptions and their economic impact will last, and that has become one of the biggest questions for the U.S. economy and the path of monetary policy.
“When people say there's a recession, they're saying it 6 months after it happens. Like, that's the literal definition of it. You have to wait 6 months,” he said on the episode Back to the Basics: How to Manage Your Portfolio Without Overthinking It.
The S&P 500 is set to extend a record run as crude tumbles and traders welcome signs the Iran conflict could be winding down. Stocks are soaring because the Strait of Hormuz appears clear and a chip-led rally is rolling into a second day.
The dollar index was under pressure on Wednesday as geopolitical fears abated amid calmer conditions in the Middle East, particularly after President Donald Trump signaled a temporary pause in naval operations around the Strait of Hormuz.
Nearly half of firms (48%) expected turnover to grow over the next 12 months in the first quarter of the year, up from 42% in the final quarter of 2025.
The AIM Index is a survey of more than 140 Massachusetts employers that has run since 1991. It is calculated on a 100-point scale, with 50 as neutral; a reading above 50 is positive, while below 50 is negative. The state's March rating was 47, down from 52 in February.
