Trump’s ‘new normal’ is good news for Middle East and house prices
The American president’s pre-emptive strike on Iran helps bring greater stability to the Middle East while potentially ushering in a new regime for financial markets
The one-sided 12-day war appears to now be over, notwithstanding evidence of a continued campaign of Israeli assassinations of high-value targets across Tehran.
The clear catalyst was decisive action by US President Donald Trump to both “obliterate” key Iranian nuclear facilities and then miraculously extract a ceasefire from the two mortal enemies almost immediately thereafter.
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Christopher Joye is a portfolio manager with Coolabah Capital, which invests in securities, including those discussed in his column. Connect with Christopher on Twitter.
