The recent selling pressure in U.S. equity markets ( SP500 ), ( COMP:IND ), ( DJI ) has little connection to geopolitical tensions and is not fundamentally driven, according to Matthew Mishkin, co-chief investment strategist at Manulife John Hancock Investments. In an interview with CNBC, Mishkin argued that “most of the selling pressure you’ve seen in the U.S. equity market has been driven from A...
The recent selling pressure in U.S. equity markets ( SP500 ), ( COMP:IND ), ( DJI ) has little connection to geopolitical tensions and is not fundamentally driven, according to Matthew Mishkin, co-chief investment strategist at Manulife John Hancock Investments. In an interview with CNBC, Mishkin argued that “most of the selling pressure you’ve seen in the U.S. equity market has been driven from AI concerns or regulatory concerns or communication services or private credit and financial services.” He added that high-quality tech stocks, despite being “beaten up the most,” have not been impacted by war-related factors. Mishkin characterized the market downturn as a healthy correction following a momentum-driven rally earlier in the year. “Some of this stuff had just rallied way too much year-to-date,” he explained, noting that the market needed “corrective price action” and “a resetting of sentiment because it was just getting a little too frothy.” The strategist views this pullback as a natural unwinding of trend-following investment strategies that had dominated recent months. The U.S. remains well-positioned to weather current challenges, according to Mishkin. He pointed to the country’s status as a net oil exporter with world-class natural gas reserves, along with technology and other industries that are not heavily reliant on energy resources. “It’s not cheap by any means, but it’s cheaper than where we were just about a month ago,” he said of current market valuations. With earnings season approaching, Mishkin advised investors to focus on fundamentals rather than geopolitical headlines. He emphasized the importance of identifying “companies that can drive earnings growth through this challenging macro environment.” High-quality stocks with solid earnings potential represent an opportunity for investors seeking value during this period of uncertainty. For a three-to-six-month outlook, Mishkin’s top recommendation centers on infrastructure-related equities, whic...
Editor's note: Seeking Alpha is proud to welcome Supply Chain Alpha as a new contributing analyst. You can become one too! Share your best investment idea by submitting your article for review to our editors. Get published, earn money, and unlock exclusive SA Premium access. Click here to find out more » Backiris/iStock via Getty Images Summary The Strait of Hormuz handles ~20% of global oil flows...
Editor's note: Seeking Alpha is proud to welcome Supply Chain Alpha as a new contributing analyst. You can become one too! Share your best investment idea by submitting your article for review to our editors. Get published, earn money, and unlock exclusive SA Premium access. Click here to find out more » Backiris/iStock via Getty Images Summary The Strait of Hormuz handles ~20% of global oil flows and significant LNG exports. Even partial disruption can reprice energy and fertilizer markets. Historical precedent (2022) shows fertilizer equities can outperform during energy shocks. I see a favorable risk/reward in agriculture and fertilizer positioning via Invesco DB Agriculture Fund ETF ( DBA ), Teucrium Soybean Fund ETF ( SOYB ) (the October calls), and fertilizer equities: CF Industries Holdings ( CF ), Intrepid Potash ( IPI ), and Nutrien ( NTR ). Introduction Every now and then the market reminds you that geography still matters. The Strait of Hormuz is one of those places. It is easy to overlook when things are calm, but when tensions rise, energy markets tend to react quickly. I am not a geopolitical expert, and I am not trying to predict how events unfold. Like most people, I would prefer stability. But markets do not wait for certainty. They price risk as it develops. Right now, the situation does not need to escalate dramatically to matter. Even small changes, such as higher shipping insurance, slower transit, or cautious export behavior, can push energy costs higher. Once energy starts moving, it rarely stays contained. It tends to work its way through supply chains. One of the first places that impact shows up is fertilizer, and from there it often moves into agriculture. That is the part of the market I am focused on. Key Market Insight Energy disruptions rarely stop at energy. They tend to move through the system in stages. First, energy prices adjust. After that, input-heavy industries such as fertilizer production begin to respond. Eventually, those h...
Staci Warden, CEO of Algorand Foundation, joins Scarlet Fu and Tim Stenovec on "Bloomberg Crypto." ALGO is the native token of the Algorand blockchain. The blockchain was launched in 2019, and this month received the distinction of being classified as a digital commodity rather than a security. (Source: Bloomberg)
Staci Warden, CEO of Algorand Foundation, joins Scarlet Fu and Tim Stenovec on "Bloomberg Crypto." ALGO is the native token of the Algorand blockchain. The blockchain was launched in 2019, and this month received the distinction of being classified as a digital commodity rather than a security. (Source: Bloomberg)
Jack Dorsey is pitching artificial intelligence as a replacement for middle managers in his reimagined view of how technology companies should function, weeks after Block Inc. announced it was cutting nearly half its staff. Dorsey outlined his thesis for the future of organizational structures in a blog post co-authored by Sequoia Capital partner Roelof Botha , arguing that AI could replace layers...
Jack Dorsey is pitching artificial intelligence as a replacement for middle managers in his reimagined view of how technology companies should function, weeks after Block Inc. announced it was cutting nearly half its staff. Dorsey outlined his thesis for the future of organizational structures in a blog post co-authored by Sequoia Capital partner Roelof Botha , arguing that AI could replace layers of management that traditionally coordinate work across companies. The post comes after Block said it was cutting about 4,000 employees in February, describing the decision as a bet on artificial intelligence changing the future of work, even as tech companies more broadly have been trimming roles following years of rapid hiring. “I don’t think we’re early to this realization,” Dorsey, the co-founder and chairman of Block, said at the time of the cuts. “I think most companies are late. Within the next year, I believe the majority of companies will reach the same conclusion and make similar structural changes. I’d rather get there honestly and on our own terms than be forced into it reactively.” Jack Dorsey’s Block Slashes Nearly Half Its Staff in AI Bet Artificial intelligence, Dorsey argues, can replace coordination functions that humans typically provide by relaying information through layers of management. Companies have long targeted middle management during downturns to cut costs and speed decision-making. The aim is to build a company “as an intelligence (or mini-AGI),” Dorsey writes. In this model, employees fall into three roles: individual contributors who build and operate systems; directly responsible individuals who own specific problems; and player-coaches who both build products and develop people, replacing traditional managers focused on coordination. Block argues it is well positioned to pursue this approach because it sits on both sides of millions of transactions - through Cash App and Square - giving it a real-time view of consumer and merchant behavior...
In Revolutionary Statement, Fidel Castro's Grandson Embraces "Capitalism With Sovereignty" What is awkward for Democrats and their left-wing activist network of politicians and dark-money funded nonprofits is that the latest CNN interview with Fidel Castro's grandson shattered years of left-wing America's weird obsession with Cuban communism . Sandro Castro told CNN's Patrick Oppmann that he would...
In Revolutionary Statement, Fidel Castro's Grandson Embraces "Capitalism With Sovereignty" What is awkward for Democrats and their left-wing activist network of politicians and dark-money funded nonprofits is that the latest CNN interview with Fidel Castro's grandson shattered years of left-wing America's weird obsession with Cuban communism . Sandro Castro told CNN's Patrick Oppmann that he would welcome a deal with President Trump and said many on the island want " capitalism with sovereignty ," a remarkable admission from deep inside the Castro family that Cuba's failed economic model is no longer the pathway for the Carribean island nation suffering from decades of economic collapse, and more recently, a completely collapsed power grid. Oppmann asked Castro: "And what would your grandfather, Fidel Castro, say if he knew that you're more capitalist than communist?" Castro responded: "My grandfather was a person who had his principles like everyone else. But as well he respected others' opinions. That's my way of thinking." Oppmann asked: "But all the capitalists left Cuba." Castro responded: " There are many people in Cuba that think in a capitalistic way. There are many people who want to do capitalism with sovereignty. I think the majority of Cubans want to be capitalist, not communist ." NEW: While drinking a beer, Fidel Castro's grandson says he is a capitalist and says if it were up to him, he would welcome a deal with President Trump during an interview with CNN. "There are many people here [in Cuba] who want to have capitalism with sovereignty." pic.twitter.com/zrIvQ6uH4Z — Collin Rugg (@CollinRugg) March 30, 2026 We have detailed at length that the Democratic Socialists of America politicians in Washington and left-wing NGOs funded by billionaire foundations have a weird obsession with defending communism and visiting Cuba. Is There A "Cuba Connection" Behind The Radicalization Of America's Nonprofit Left Cuba, Venezuela, China, And America's Left-Wing Re...
Leaked audio appeared to capture Péter Szijjártó telling Moscow he would try to amend EU sanctions list to its liking Polish and Irish leaders have called the Hungarian government’s actions “repulsive” and “sinister”, after leaked audio appeared to capture its foreign minister telling Moscow he would try to amend the EU sanctions list to its liking. On Tuesday – days before an election in which Hu...
Leaked audio appeared to capture Péter Szijjártó telling Moscow he would try to amend EU sanctions list to its liking Polish and Irish leaders have called the Hungarian government’s actions “repulsive” and “sinister”, after leaked audio appeared to capture its foreign minister telling Moscow he would try to amend the EU sanctions list to its liking. On Tuesday – days before an election in which Hungary’s Viktor Orbán is facing the toughest battle of his 16 years in power – a joint media investigation published a report that it said was based on leaked phone calls between Péter Szijjártó and his Russian counterpart, Sergei Lavrov. Continue reading...