AI optimism is once again overpowering geopolitical fears. Markets continue to flip-flop between Middle East headlines and enthusiasm around artificial intelligence, but investors remain focused on strong tech earnings, booming AI infrastructure spending and resilient equity momentum.
The S&P500, Nasdaq100 and Kospi are at ATH levels thanks to semiconductor stocks, amid strong earnings reaction. European equities are lagging behind tech-heavy markets like the Kospi and Taiex, as energy prices are shaping sentiment, and investors appear increasingly comfortable ignoring geopolitical risks unless tensions escalate significantly.
Today, we discuss whether markets are underpricing risk, what the latest US economic data means for the Federal Reserve, and why elevated valuations could still leave equities vulnerable to sharp reversals despite the current optimism.
Watch the full episode to find out more!
Intro1:08 Equities resume rally on Middle East de-escalation...
3:24 ... and chip earnings!
5:23 USD retreats
6:27 Economic data update
8:19 What's next?










