Iran situation changes unexpectedly, traders’ "post-war" investment strategies become instantly obsolete

The reason is that US President Donald Trump stated that the US-Iran conflict has escalated again. On Tuesday, this strategist advised clients to short US stocks and instead buy European and Japanese stocks. He believes that the appeal of US stocks—which had a relative safe-haven advantage during the most intense period of geopolitical tensions—has begun to wane. However, just a day later, Trump suddenly announced that the US-Iran ceasefire was “over,” forcing Papic to terminate this trade recommendation, which accumulated a loss of 1.1%. (Bloomberg)