Wall Street bigs are desperately pleading with the White House to end Trump's Powell feud

Wall Street is worried the conflict tied to Iran could drag on for months, raising the risk of prolonged market instability and elevated volatility. Expect risk-off positioning, pressure on equities, safe-haven flows into bonds and gold, and upside risk to oil prices if the conflict persists.

Analysis

Wall Street is worried the conflict tied to Iran could drag on for months, raising the risk of prolonged market instability and elevated volatility. Expect risk-off positioning, pressure on equities, safe-haven flows into bonds and gold, and upside risk to oil prices if the conflict persists.