Closing Bell Closing Bell Overtime: Former Defense Secretary Mark Esper On Middle East; Curious Move In Oil Markets 6/23/25
Jun 23, 2025
Courtney Garcia, a Senior Wealth Advisor at Payne Capital Management and CNBC contributor, joins in the discussion on market dynamics amid rising Middle Eastern tensions. They delve into how U.S. military actions impact oil prices and stock markets. The surprising resilience of investments is highlighted, along with shifts in energy strategies. Garcia also analyzes Tesla's recent robo-taxi launch in Austin and its implications for the stock market, presenting engaging insights on the evolving landscape of economics and technology.
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Iran's Symbolic Retaliation Strategy
- Iran's missile retaliation was symbolic and calibrated to cause no real damage.
- This likely provides an off-ramp to further military escalation and opens the door to negotiations.
Iran's Priorities Post-Attack
- Iran prioritizes regime consolidation and economic improvement over escalation.
- They likely see nuclear capability as a future deterrent to attacks.
Shift to Unilateral US Policy
- US foreign policy under Trump is more unilateral and less alliance-focused.
- Military force use is cautious despite this approach.