Global markets stuck in limbo: Why Matt Orton is preferring to stay in cash

Global markets stuck in limbo: Why Matt Orton is preferring to stay in cash

Global markets are losing their earlier optimism. A top strategist advises investors to protect their gains and remain defensive. Uncertainty persists regarding geopolitical developments and the reopening of the Strait of Hormuz. Traditional safe havens like …

The brief wave of optimism that swept through global markets on Monday is fading fast and one of Wall Street's most closely watched strategists says investors shouldn't mistake a ceasefire extension … [+4305 chars]