Brad Long says the latest oil spike tied to Iran is likely a temporary shock, not a lasting crisis, as infrastructure remains intact and futures point to de‑escalation.
“Advisors have become less reactionary and tried to be more proactive in terms of how they're building and managing portfolios,” said Chris Maxey, chief market strategist at Wealthspire.
Brad Long, CIO of Wealthspire, joins BNN Bloomberg to discuss the economic outlook as the markets slide over Middle East conflict.
Brad Long reacts to the latest FOMC minutes and notes that dissension is considered uncommon now within the Fed, but not historically.