Russell Hackmann is positive on the market despite “wild cards” ahead. He says it would be “great” if crude oil stays between $70-$73 but discusses what could bring oil above $100/barrel. He also talks about Jamie Dimon’s warnings about the bond market cracking. He is “very concerned” about the long-term impacts of the U.S. deficit and thinks investors should stay away from fixed income. He discusses the thesis of his book, “Wall Street is Not Your Friend.”
Trading 360
23 Jun 2025
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