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Are investors too complacent about conflict with Iran?
video After President Donald Trump moved to de-escalate tensions with Iran in a speech Wednesday, investors wasted no time piling back into riskier assets — reassured that the geopolitical clouds that swept over markets in the past week had lifted, at least for now. "For markets, everything really is awesome," Societe Generale strategist Kit Juckes told clients Thursday morning. "Strong gains for equity indices, higher bond yields and cheaper oil greet European markets as they open." The Japanese yen, a safe haven investment, has weakened against the US dollar, and gold prices are back below $1,550 per ounce. ... (full story)
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