Tom Hulick, CEO of Strategy Asset Managers, joined the New York Stock Exchange to discuss the current state of the bull market and why he remains optimistic about the road ahead despite ongoing geopolitical tensions and inflationary pressures.
Tom opened by addressing the market’s resilience in the face of global uncertainty, noting that earnings momentum — projected at 20–25% growth this year — continues to support a constructive outlook. He discussed the impact of the Iran conflict on oil prices, inflation, and interest rates, and explained why he views the current inflationary environment as temporary, with a potential resolution to the conflict serving as a meaningful catalyst for stabilization.
On market volatility, Tom noted that while geopolitical events can create short-term turbulence, the market’s ability to read through the noise is itself a positive signal for continued earnings momentum. He pointed to energy, industrials, and technology as his preferred sectors, and highlighted Nvidia’s continued leadership in the semiconductor space as a key driver of the broader AI buildout.
Tom also weighed in on the evolution of AI, describing it as a generational shift that will benefit all of society — while noting that human judgment, common sense, and active management remain irreplaceable. He closed with a bullish outlook on healthcare innovation, expressing confidence in the potential for cures to cancer and neurological disorders like ALS and Alzheimer’s within the next decade or two, and highlighted Eli Lilly as a standout name in the space.