When Will Markets Wake Up to Iran War Damage?
Efficient discounting can only take you so far.
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Welcome to the award-winning Money Distilled newsletter. I’m John Stepek. Every week day I look at the biggest stories in markets and economics, and explain what it all means for your money.
Why are investors apparently so sanguine about the blockage of the Strait of Hormuz and the ongoing conflict in the Middle East? And what might make them change their minds? Merryn and I discussed profit warnings, the market’s shortening time horizon and much more, all in this week’s Merryn Talks Money market roundup. (Apple; Spotify).