Israel Vs Iran Update: The Thin Edge of Judgement
Investment Conclusion
The war will last longer than the Israeli lightning-strikes that the market is used to. It can also tip into a war focussed on regime-change (as Israel ambitions) or a pause for President Trump’s peace negotiations. A lull is the most likely outcome before later escalation when Iran rejects US Trump’s overtures. The market is likely to mistake the lull for lasting peace. I would use the lull to buy into energy assets as a safe haven. But not yet. We already own gold and the Yen as safe have assets. No change!