An Iranian strike on Israel on Tuesday has sent US stock markets (^DJI, ^IXIC, ^GSPC) plunging. With growing global market uncertainty, Horizon Investments Chief Investment Officer Scott Ladner joins Market Domination Overtime to discuss his outlook on markets amid this turbulence and its implications for US investors.

Ladner acknowledges that events like this have a rapid impact on markets, so he is currently adopting a wait-and-see approach— adding that "these things can turn on a dime." Given the uncertainty surrounding the next steps in the Israel-Iranian conflict, Ladner states, "it's hard to move portfolios in a meaningful way."

Regarding Chinese markets and the nation's recent economic stimulus efforts, Ladner observes, "everybody... has been fooled by this over and over and over again." He points out that since the pandemic, stimulus measures for the Chinese economy have consistently failed to revitalize it. However, he identifies two reasons why this time might be different: positioning in China is at a low point, and President Xi has made encouraging statements about the stimulus. Ladner adds, "Those things make us think that maybe this time's for real, but it's still a tough call" in regards to a clear turnaround.

For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime.

This post was written by Angel Smith