Analyst: There is room for pullback in the stock market

GoldenOctober2024

2025-06-13 05:37:56

Jin10 data June 13 news, market strategist Jessica Amir stated that the geopolitical situation is a catalyst for further declines in the stock market. Given that global stock markets have already risen 30% prior, and the MSCI global index has also reached an all-time high, there is room for profit pullback. Logically, an escalation in geopolitical tensions will obviously lead defensive zones to continue to surge, with utilities, energy, and military enterprises being favored. As the Middle East is a major supplier of oil, when oil demand starts to truly rise, some supplies may be cut off.

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