Commentary: Why is the stock market less nervous than the Iran war? Here is the reason

Commentary: Why is the stock market less nervous than the Iran war? Here is the reason

Since the end of February, the three major indices of the stock market – Standard & Poor’s 500, Dow Jones industrials and the Nasdaq composite – have fallen by a few percent. One may ask: Is that all? Does the market not know that there is a war? Yes, the stock market knows. It doesn’t … Read more

Markets are nervous, but Main Street isn’t: Wells Fargo’s CEO is flagging the economy

Charlie Scharf and Wells Fargo bank

Wells Fargo Chairman and CEO Charlie Scharf discusses the resilient US economy amid geopolitical risks and market uncertainty on ‘Mornings with Maria.’ Despite a 50% increase in oil prices and the growing conflict involving Iran, Wells Fargo CEO Charlie Scharf reports a disconnect between market volatility and the health of the global economy. “So, separate … Read more