1/4/2026, 10:26:03 am

Financial markets adjust to high risk scenarios

Matt Orton, Chief Market Strategist at Raymond James Investment, says the market is removing worst-case geopolitical risks, but warns uncertainty around a US-Iran deal and the Strait of Hormuz reopening could elevate volatility. He expects energy prices to remain higher for longer and remains cautious on broader markets but favors energy assets due to their earnings visibility.