Opinion
Markets and the Middle East on collision course
How quickly the situation in the Middle East can deteriorate has been on show this week, but so far, global markets are shrugging off the risks of escalation. How long can that last?
Jennifer HewettColumnistSo far, global markets have shown remarkable insouciance in their steady march into the ever more dangerous world of 2024.
Perhaps the level of economic resilience despite recent years of global crises and rising threats creates its own aura of financial immunity. But big companies are keenly aware massive geopolitical risk now has to be central to their thinking even if that’s not reflected in their share prices and immediate business strategies.
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