‘Mr. Brexit’ Strategist Made Winning Calls as Iran War Erupted

Jordan Rochester earned the nickname “Mr. Brexit” for his prodigious market insights on the UK’s split from the European Union. Almost a decade later, his quick thinking as hostilities erupted in the Middle East has spurred another slew of profitable trading ideas.

Rochester, now a macro strategist at Mizuho Bank, saw big market-disrupting implications as soon as the US-Israeli assault on Iran began some four weekends ago. By the time trading started the following Monday, he was flipping his calls — shifting from a recommendation to go long UK interest-rate futures to shorting them instead, while also advising clients to sell the euro against the dollar and buy inflation protection in Europe as oil began to surge.