Energy prices (Brent crude) will plummet as soon as a US-Iran deal is reached to reopen the Strait of Hormuz. This would then give the Federal Reserve room to cut interest rates. The speaker clearly expects oil to fall sharply on the deal news.
AI companies and the firms that adopt AI are already generating significant profits, unlike the dot-com era where profits were absent. This tangible profitability, supported by a productivity boom, makes the AI sector a fundamentally sound investment rather than a speculative bet.