Middle East tensions have sparked market volatility after Iran launched a strike on Israel on Tuesday. Siebert.Valor chief market strategist Sean Bonner joins Market Domination Overtime to discuss his outlook on markets and current economic conditions.

Bonner identifies a key factor that could significantly impact markets in the Iran-Israel conflict. He suggests that if Israeli defense forces were to target Iranian oil infrastructure "to cripple the Iranian economy," it could trigger much stronger market reactions, especially concerning oil prices.

In such a scenario, Bonner warns, "all bets are off the table."

Regarding the U.S. economy, Bonner highlights a concerning trend: two-thirds of Americans are "on the precipice of an affordability crisis." He points out that inflation has spiked the cost of basic needs, emphasizing "just because the rate of increase is slowing doesn't mean it's getting any better."

Bonner stresses that people are still grappling with the effects of inflation in their daily lives.

For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime.

This post was written by Angel Smith