Episode Details
Back to Episodes
UBS On-Air: Paul Donovan Daily Audio 'Fragile or failing?'
Published 1 month, 3 weeks ago
Description
In economic terms, the Gulf ceasefire has not held. Iran has closed the Strait of Hormuz in response to significant Israeli strikes against Lebanon. The optimistic bias in markets means that only some of yesterday’s risk market gains have been surrendered. The demonstration of relative power in the Gulf is relevant when considering long term risk premia around global supply chains.