Wall Street Rushes to Price Out War Damage as Stocks Hit Records

Markets are pricing in a de-escalation in the US-Iran conflict, with stocks hitting records, the dollar falling, and oil trading near $90 a barrel. The move reflects a broad risk-on shift in sentiment and positioning, with potential implications for energy prices, FX, and global risk assets.

Analysis

Markets are pricing in a de-escalation in the US-Iran conflict, with stocks hitting records, the dollar falling, and oil trading near $90 a barrel. The move reflects a broad risk-on shift in sentiment and positioning, with potential implications for energy prices, FX, and global risk assets.