Global markets are drawing confidence from easing geopolitical tensions, cooling oil prices, and another round of robust earnings from artificial intelligence (AI)-linked companies, according to Matt Orton from Raymond James Investment. With crude oil retreating from recent highs and optimism surrounding AI remaining intact, investors are increasingly viewing market pullbacks as buying opportunities rather than reasons for caution.
Speaking to ET Now, Orton said that while uncertainties remain around global trade negotiations, the removal of worst-case economic scenarios has significantly improved investor sentiment.