MARKETS ON EDGE: Ex-Trump economic official warns of volatility

• Markets are on edge due to the Middle East conflict, with oil prices experiencing unprecedented volatility and significant swings.
• Algorithmic trading and social media posts can cause violent, rapid market movements, outpacing human reaction times.
• Investors should have a well-defined game plan for buying and selling, as volatility enhances both fear and greed, and trying to perfectly time the market is unrealistic.

Gary Cohn discusses the extreme market volatility driven by geopolitical tensions in the Middle East, particularly concerning oil prices. He highlights the role of algorithmic trading in rapid market movements and advises investors to have a clear game plan to navigate fear and greed rather than attempting to perfectly time the market.