Who’s calling the shots in Iran?
Who’s calling the shots in Iran?
Jim Welsh of Macro Tides and Blake Morrow discussed market reactions to recent developments in Iran, particularly following the Iranian President’s statement about revolutionary unity and the country’s stance on the Strait of Hormuz. Jim Welsh from Macro Tides discussed the role of Iran’s Revolutionary Guard in driving the country’s hardline position, suggesting that talks with the US may not proceed as hoped. The conversation covered the impact of potential oil shortages on global markets, with Jim explaining how declining inventories and restricted tanker movements could lead to significant price increases and economic disruption, particularly in Asia. They also examined technical market indicators including semiconductor stocks, the S&P 500’s rally pattern, and the potential for a pullback, as well as the outlook for gold, US dollar, and Treasury yields.
#trading_news #trading_analysis #trading_interview #tradersummit #markets #market_analysis #forex #forex_trading #forex_trading_interview #Jim_Welsh #SPX #USD #S&P500 #Bonds #Gold #interest_rate_news #Fed #FOMC
JWelsh@SmartPortfolios.com
20260425
