Wall Street’s Safety Net Is Giving Way as Iran War Hits Markets
Bloomberg.com • • general
Key Points:
- The Iran conflict caused significant market volatility but did not cause a major collapse on Wall Street this week.
- Stocks and bonds fell simultaneously as oil prices surged, leading to an inflationary shock and higher Treasury yields, contrary to typical crisis behavior.
- This week marked the worst combined performance for stocks and bonds since the tariff-related market stress in April.
- The market struggled to determine whether inflation or an economic slowdown posed the greater risk amid the ongoing uncertainty.
