Stocks that could have upside if peace is given a chance
Here's my pick of stocks that could have upside when peace is given a chance.
Peter Switzer is the founder of Switzer Group - a content, publishing and financial services firm. Peter is an award-winning broadcaster, talking each morning to 2GB's Ben Fordham about the latest in finance and money. You can read his views daily on Switzer.com.au, and subscribe to Switzer Report for his latest insights, analysis and recommendations.
Here's my pick of stocks that could have upside when peace is given a chance.
While the sniff of a ceasefire that could be the entry into a peace deal excited global stock markets, the three big players in this war — Trump, Netanyahu and the Ayatollah — keep making it hard to believe that peace and the Strait of Hormuz open to all are chances any time soon.
While stock markets largely finished in the green last week, the week ahead might not be so positive with the feeling that an April Fool’s joke was played by President Trump when he talked of ending the war even if the Strait of Hormuz was still closed.
At a time when I'm 'resolution dreamin'' about the Iran war for investor reasons, I look at why the long-term player should say a little prayer for peace ASAP.
Friday Close Change Change % Change Week % Dow Jones 45,166.64 -793.47 -1.43% -2.87% S&P 500 6,368.85 -108.31 -1.67% -3.91% NASDAQ 20,948.36 -459.72 -2.15% -5.24% […]
Given the unknowns, investors need to decide between defence and attack. If a faster resolution arrives, the stock market will rebound spectacularly.
From the perspective of markets, the best indicator of how this war is going is by checking what has happened to the oil price.
Until the Iran war, the trend for the Australian dollar was firmly up. But it will be the duration of this war that will determine whether you should hedge or not hedge.
Not a great week for committed investors, with the Iran war with its dual threat of inflation and recession driven by a spiking oil price hot on the heels of an AI anxiety crisis of confidence, hyped up by short-seller hedge funds, all creating the best of conditions for speculators.
It’s hard to concentrate on individual stocks when some urgers are calling the Iran war the start of World War III. Today I want to look at the big picture outlook and what ETFs might be smart plays when battening down the hatches makes sense.
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