“The market is caught between two very different worlds. One where we get a deal, and you have a follow-through of a very powerful cyclical recovery, and another where the conflict process deepens the stagflation impact on the economy.”

“After today’s market moves, the most likely scenario already appears to be largely priced in. Therefore, I would expect some ‘sell the news’ dynamics once a deal is finally…

Asian stocks plummet and oil prices react sharply as fresh US strikes on Iran raise doubts about a potential peace deal in the Middle East.