Senior Investment Strategist at Edward Jones here in new york. Were seeing a dent in risk appetite. The market is grappling with a variety of worries tensions in the Middle East, a Port Strike and election uncertainty. Do you expect to see volatility . Are there any opportunities . Yes, it is great to be here, and we are moving nicely thus far this year and we are moving nicely thus farthis year in and we are moving nicely thus far this year in the snp 500, up far this year in the snp 500, up nearly 20 . As you noted, youre heading into a choppy October Period and facing mounting walls of worry in the market, including the upcoming election on November The 5th and the ongoing Port Strike on the Eastern Seaboard as well as growing escalations and tensions in the Middle East. We say investors in markets should prepare for bouts of volatility ahead of a 20 rally also, that is a natural next step in terms of what might happen in markets. We are probably due for a period of pull back, but w
In terms of iran and the risk to exports directly out of iran, thats about 1. 7, 1. 8 million barrelS Per day. And obviously those, the Export Facilities in iran, are those probably at greatest risk in the aftermath of what happened on tuesday night. But i think, you know, weve had a muted reaction, partly because markets are still focussed on a comparatively weak chinese economy and expectations that the Oil Market more broadly next year is looking like it may head into surplus. So, you know, very much mixed messages at the moment coming out of the crude market. Lets go straight to New York and get the latest from our correspondent there, ritika gupta. We saw there prior to starting to rise once again, particularly off the back of those comments by president biden. Explain what he said. We are seeing biden. Explain what he said. Are seeing Oil Prices spiking after the back of president biden s comments, saying they are considering the possibility of israel launching a counterattack on
This is the Ingraham Angle from washington tonight. A lot a lot happening here in the united states, of course, in the Middle East. Rockets flying. Looks like israel may have taken out the leader of hezbollah. Well stay on that. And Donald Trump is taking the stage any moment for a Town Hall in warren, michigan. All important michigan focused on the economy and saving the auto industry. And i hope youre sitting down for this. Kamala harris has made a trip to the border. Yeah, has frozen over. Shes going to speak live later this. But first, kamalas high crimes at border. Thats the focus of tonights angle. So as i said, shes hitting the border, hoping to turn the page on her reputation as an open border zealot. But instead, the book was opened to reveal the Stomach Truth about the criminal element. She welcomed in in response to a congressional request for information, ice revealed that more than 13,000 Illegal Aliens Convicted of murder are now the united states. Oh, and theyre not in c
United states. , in the middle east rockets flying it looks like israel may have taken out the leader of hezbollah. We ll stay on that. And donald trump is taking the stage any moment for a town hall in warren, michigan, all important michigan, focused on the economy and saving the auto industry. And i hope you re sitting down for this. Kamala harris has made a trip to the border. Yeah. Hell has frozen over. She is going to speak live later this hour. But, first, kamala s high crimes at the border. That s the focus of tonight s angle. as i said, she is hitting the border, hoping to turn the page on her reputation as an open border zel lotted. Instead, the book was opened to reveal the stomachchurning truth about the criminal element she welcomed in. And in response to a congressional request for information, ice revealed that more than 13,000 illegal aliens convicted of murder are now in the united states. Oh, and they are not in custody. More than 1800 have been accused of murder as
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