Why the Economy Keeps Defying Headwinds

Stocks continue pushing to all-time highs even as geopolitical tensions in the Middle East drive uncertainty and higher energy prices. Thomas Urano of Sage Advisory explains why the macro backdrop remains resilient.

Urano points to solid economic data, steady growth, and a strong labor market as key supports for the economy. However, persistent inflation remains a sticking point, likely keeping the Federal Reserve on hold and limiting the chances of rate cuts this year.

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