Those unknowns will act as a weight on equities near term

Those unknowns will act as a weight on equities near term: Sevens Report Founder Tom Essaye, Quoted in Bloomberg


US Stocks Extend Losing Run as Geopolitics Dampens Investor Mood

“There were already a lot of unknowns for investors to contend with and we’ve added another with the Israel/Iran conflict,” wrote Tom Essaye, founder of The Sevens Report newsletter. “Those unknowns will act as a weight on equities near term and make rallies a bit harder to manufacture, but these unknowns are not, by themselves, enough to cause a correction.”

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