Amundi Says Markets Now See Iran War Last Months, Not Weeks

Global markets have turned sharply more pessimistic about the length of the Iran conflict and now expect it to keep going for months, Amundi SA Chief Investment Officer Vincent Mortier said.

Markets have pivoted in the last 24 hours from “a resolution within weeks to a resolution within months,” Mortier said Thursday on Bloomberg TV, referring to the war. It’s “not easy” to invest in the current situation, he said on the sidelines of a conference hosted by Bank of America in Paris.