Investors look through the turmoil
The world is a mess but markets seem to be shrugging worries over the fallout of the Iran war
The world is a mess but markets seem to be shrugging worries over the fallout of the Iran war

Sometimes crises do not blow over as investors might hope

The consensus view of the impact of the Iran war on equities and bonds may well prove too sanguine

Investors risk being too complacent about war in the Middle East

Investors have been right to identify geopolitics as a rising risk factor

A global energy crisis is only just beginning. Political turmoil will follow

The US market is more immune from shocks given still healthy American economic conditions and earnings