U.S.-Iran Peace Deal 'Gift' to Fed, Why Smid Caps See Greatest Benefit

Michael Reinking explains how the Strait of Hormuz is bullish not just for U.S. consumers facing the brunt of inflation, but also for smid-cap companies that rely on a viable energy trade. Additionally, Michael says the headlines are a gift to Kevin Warsh and the Fed just ahead of a highlight anticipated interest rate decision.

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