We've THROWN OUT the VIX, expert says

• 10-year Treasury yield above 5% is a primary driver of market pressure and inflationary fears, effectively acting as the 'new VIX'.
• Oil prices are gushing due to escalating US-Iran tensions, with diesel prices at all-time highs, contributing to inflation concerns.
• AI, particularly Meta's new agent, is a significant story impacting brokerage stocks, with the tech sector remaining a hot area for long-term investment despite volatility.

The discussion centers on the current market environment, highlighting the significant impact of the 10-year Treasury yield surpassing 5%, which fuels inflationary fears and puts pressure on markets. Rising oil prices due to geopolitical tensions further exacerbate these concerns. While acknowledging volatility, the expert maintains that market fundamentals are strong, with AI and the tech sector presenting long-term investment opportunities despite short-term swings.