Maros Szentkereszti
Markets just flipped on Iran news. US hit Iran (targeted strikes, Strait of Hormuz crisis) and oil spiked, stocks dropped globally. Now we have a temporary 2-week ceasefire together with strait reopening. This means oil crashed around 15-20 percent and equities will bounce back. Market takeaway: • Energy ↓ (after spike) • Stocks ↑ (relief rally) • Volatility stays high (nothing resolved yet) Will it be ending?
Not investment advice. The author may have financial interests in the mentioned instruments.
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