No 'SaaS Apocalypse:' Evercore Founder Dismisses AI Market Fears, Says US Economy Is Resilient Despite Iran War Even As MSFT Drops 19% In 2026 - Microsoft (NASDAQ:MSFT)
Published on March 19, 2026.
Evercore founder, Richard Altman, has dismissed predictions that the tech sector will be negatively impacted by the Iran War, stating that the US economy is resilient and that most macroeconomic forecasters have built a "30-day conflict" into their assumptions. Despite the ongoing conflict, Altman does not advise clients to drastically change their investment strategies.
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