VIDEO: 2 Key Sticking Points for a Potential US-Iran Deal

Avatar photo Chris Versace on May 28, 2026

Chris joined the good folks over at “Topstep TV”  on Thursday to talk about the day’s economic data, including the April PCE price index data.

While that conversation was had, it pivoted to the potential U.S.-Iran ceasefire extension that made headlines just moments before. Chris shared his reaction, including why it could be a “buy the rumor, sell the news” moment due in part to the time it will take to re-open the Strait and normalize supply chains, as well as the unanswered questions on two key sticking points.

In the meantime, consumers are grappling with higher prices, and we have some questions about 2H 2026 consensus EPS figures for the S&P 500.

Chris also shared his view on why AI usage is more important to track than AI adoption, and why we’re still in the first third of the game when it comes to AI. He also shares his recent experience with AI, the good and the bad. 

 Chris’ conversation begins at  the 2:05 mark

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Posted by Chris Versace

With 30 years of cross-industry experience, Chris Versace brings his thematic investing lens to TheStreet Pro Portfolio (formerly Action Alerts PLUS) each day as lead portfolio manager. His daily insights, analysis, and recommendations provide the foundation for TheStreet's Pro Portfolio. Versace began his career in equity research before founding Versace Management in 2005. He joined TheStreet team in 2011 as a Real Money contributor before becoming portfolio manager of Action Alerts PLUS in 2021. He holds an MBA from Fordham Gabelli School of Business and has co-authored a book called “Cocktail Investing - Distilling Everyday Noise into Clear Investing Signals for Better Returns.” With a passion for teaching others about investing, Versace spent 9 years as an Assistant Professor of Finance at NJCU School of Business. When he’s not contributing to TheStreet’s premium services, he can be found speaking at industry conferences or at a Bruce Springsteen concert (he’s seen him 50 times and counting!).

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