Suze Orman advises against selling stocks despite a 50% surge in oil prices and ongoing geopolitical tensions.
Personal finance expert Suze Orman cautioned investors against panic-selling stocks as oil prices remain volatile amid U.S.-Iran ceasefire negotiations. West Texas Intermediate crude has surged over 50% since late February, contributing to market turbulence.
The S&P 500 has rebounded 17% since March 30, recovering from initial losses tied to the conflict. Oil prices briefly dipped below $100 following a two-week ceasefire announcement but later stabilized near that level as talks stalled. TD Economics noted a 5% drop on April 15 amid expectations of further negotiations.
Orman and markets analyst Keith Fitz-Gerald emphasized that exiting the market now could result in missed gains, citing historical lessons from similar geopolitical events.