Markets keep climbing despite rising oil prices, geopolitical tensions and growing inflation risks. The S&P500 and Nasdaq pushed to fresh record highs as stronger-than-expected earnings — especially from AI and energy companies — helped investors look through the Middle East turmoil and higher energy costs. But beneath the surface, the rally is becoming increasingly narrow, with tech and semiconductors doing most of the heavy lifting.
The million dollar question is: why markets continue rallying despite unideal geopolitical headlines, why emerging markets are also hitting record highs despite a rising oil and stronger US dollar, and why some investors — including Michael Burry — warn that today’s tech optimism increasingly resembles the peak of the dot-com bubble, what are risks linked to oil supply disruptions, inflation, Fed expectations and the growing disconnect between market optimism and economic reality.
Watch the full episode to find out more!
Intro0:52 Record highs
2:48 Earnings talk
4:29 EM rally
5:07 Behind the scene...
7:51 US CPI in focus
