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Only 5% Off the Highs — Are Markets Ignoring the Risk?

Markets swing again as oil pushes toward $91 and the 10-year yield climbs, yet stocks remain just 5% below their pre-war highs. Mike Armstrong and Paul Lane ask whether investors are underestimating the geopolitical and energy risks in front of them.

They break down:

Why volatility hasn’t translated into deeper equity losses

The deteriorating outlook for young and college-educated workers

CFO warnings that AI is coming for administrative jobs

Why timing “the worst 10 days” in markets is a fantasy

How retirees should think about risk, guardrails, and portfolio discipline

A heated debate over…

The skinny

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