Giuseppe Guglielmo
With the risk spilling across the Gulf, the current US + Israel vs Iran situation could easily shake markets in the short term. The UAE being touched by it - even just via interceptions/debris - hits a psychological nerve. Dubai is usually seen as a global safe zone. When “war” starts showing up in the news, fear can travel faster than facts. In this environment, I wouldn’t be surprised to see: - Gold pushing into new highs as a classic safe-haven - Oil moving higher if the Strait of Hormuz gets even partially disrupted (slower traffic, higher insurance costs) and/or if we start seeing damage to energy infrastructure - the recipe for a supply shock - Energy stocks extending relative strength, while the rest of the market deals with the uncomfortable combo of higher uncertainty + higher inflation risk $SPX500 $NSDQ100 $NVDA (NVIDIA Corporation) $MSFT (Microsoft) $META (Meta Platforms Inc) $AAPL (Apple) $TSLA (Tesla Motors, Inc.) $AMZN (Amazon.com Inc) $GOOG (Alphabet) $GOLD $OIL $VXX (iPath Series B S&P 500 VIX Short-Term FuturesTM ETN)
Not investment advice. The author may have financial interests in the mentioned instruments.
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