US-Iran Deal to Breathe Life Into Lagging Parts of Markets, NewEdge’s Dawson Says
Speakers
Cameron Dawson
— Chief Investment Officer, New Edge Wealth
Summary
Cameron Dawson, CIO at NewEdge Wealth, argues the US-Iran deal could spark a rotation into lagging non-AI equity market areas like financials and the equal-weight S&P 500, as reduced oil prices ease inflation and Fed hawkishness.
- Cameron Dawson, CIO at NewEdge Wealth, sees the US-Iran agreement as a catalyst for lagging equity market areas.
- Non-AI sectors have only risen about 1% since the war began, while AI-related stocks surged 47%.
- The deal could relieve upward pressure on oil, gasoline, and diesel, easing inflation and hawkish Fed expectations.
- Financials have reclaimed their 200-day moving average, and the equal-weight S&P 500 hit a new high, signaling broadening.
- Dawson expects these left-behind areas to have the greatest potential for a catch-up trade.
Ideas
Lagging non-AI equities to catch up
The US-Iran deal relieves upward pressure on oil prices, gasoline, and diesel, easing inflation and hawkish Fed expectations. This breathes life into equity market areas that have lagged since the war began—those without AI exposure, which are only up about 1% versus 47% for AI. The catch-up trade will benefit areas like financials and the equal-weight S&P 500, which are already breaking above key moving averages and making new highs.
Up Next
This Bloomberg Markets video, published June 15, 2026, features Cameron Dawson discussing Non-AI equity market areas, XLF, RSP. 1 trade idea extracted by AI with direction and confidence scoring.
Speakers: Cameron Dawson · Tickers: Non-AI equity market areas, XLF, RSP