US, Iran Halt Attacks After Flare Up; Oil Pares Gains | Horizons Middle East & Africa 6/29/2026
Speakers
Ryan Lemand
— Financial Analyst
Winnie Hsu
— Bloomberg Reporter (Asia Markets)
Summary
The show covers the US-Iran ceasefire and its effect on oil, a rotation in Asian markets away from tech, South Korea's massive AI hardware investment plan, and EU-China trade tensions. Guest Ryan Lemand prefers Swiss equities over the S&P 500 for similar returns with less speculation, and holds gold for defense.
- US and Iran agree to stop attacks and resume talks, easing oil supply fears but Strait of Hormuz traffic remains partially disrupted.
- Oil prices pare gains as the ceasefire holds, with sanctions relief on Iranian oil expected to boost supply.
- Asia-Pacific markets see a rotation out of AI/tech winners into defensive and small-cap sectors.
- South Korea's Samsung and SK hynix set to announce a $1.3 trillion AI hardware investment plan, with shares slipping on rotation.
- China warns relations with EU could freeze ahead of trade minister meeting, citing lack of sincerity on key issues.
- Ryan Lemand, CEO of Neovision Wealth Management, argues Swiss equities matched S&P 500 returns with less speculative risk and holds gold as a defensive asset.
Ideas
Swiss equities offer S&P-like returns defensively.
Swiss equities have delivered returns nearly identical to the S&P 500 over the past 12 months (around 19.5%) but are driven by traditional, defensive sectors like food and medicine rather than leveraged AI speculation and unproven biotech. This makes Swiss equities an attractive alternative with similar performance and less risk.
Up Next
This Bloomberg Markets video, published June 29, 2026, features Ryan Lemand discussing EWL. 1 trade idea extracted by AI with direction and confidence scoring.
Speakers: Ryan Lemand · Tickers: EWL