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Geopolitics Back on the Radar as Markets Seek to Build on Record Highs and Ponder Next Moves on Interest Rates, Inflation
Markets greeted the new week on Monday with a shrug after cruising to record highs last week. Worries over the future path of inflation and interest rates may take a back seat to geopolitical developments following the news that Iranian President Ebrahim Raisi died along with other leaders in a helicopter crash Sunday. Raisi was a hard-liner whose country has been a major supporter of terrorist groups in the Mideast, including Hamas. Early Monday, news broke that the International Criminal Court in the Hague would be seeking arrest warrants for Hamas leader Yehia Sinwar and Israeli Prime Minister Benjamin Netanyahu ... (full story)