Miner Company
Iran: Not Close To Over Yet
Last week's rally in major indices is most likely a short-lived relief event amid unresolved Middle East tensions and fragile ceasefire conditions. Persistent risks of renewed hostilities and a choked Strait of Hormuz are not priced into markets, raising recession and stagflation probabilities.
Last week's rally in major indices is most likely a short-lived relief event amid unresolved Middle East tensions and fragile ceasefire conditions. Persistent risks of renewed hostilities and a choked Strait of Hormuz are not priced into markets, raising recession and stagflation probabilities.