Even as global equities continue to scale record highs and silver prices surge alongside risk assets, concerns are mounting among some market veterans that investors may be underestimating the long-term economic fallout from the Middle East energy crisis.
Speaking to ET Now, veteran strategist David Roche from Quantum Strategy argued that the current rally in equities is being driven by optimism around artificial intelligence spending, resilient US economic data, and expectations that geopolitical tensions will eventually ease. However, he warned that the underlying risks in global energy markets remain severe and could eventually destabilize growth, inflation, and supply chains worldwide.
