US Economy 'Incredibly Resilient': Mossavar-Rahmani

• The US economy is 'unbelievably resilient' with robust growth and double-digit earnings exceeding consensus, despite geopolitical tensions.
• Historically, equity markets have recovered within 8 weeks after US strikes in the Middle East, with current performance aligning with this trend.
• The US has significantly reduced its energy intensity and increased domestic oil and natural gas production, making it less vulnerable to oil price shocks than in the past.
• Gold is not considered a good inflation or deflation hedge, and clients are advised to stay invested in US equities rather than trying to time the market or chase gold's momentum.

Sharmin Mossavar-Rahmani of Goldman Sachs highlights the US economy's incredible resilience despite geopolitical events and elevated oil prices. She notes robust growth, strong earnings, and the US's energy independence, recommending clients stay invested in US equities as the best long-term hedge against inflation, rather than gold.