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Morgan Stanley Strategist: Geopolitical-induced sell-offs usually quickly fade

Summary: According to Bloomberg, Morgan Stanley strategist Wilson stated that despite the US strike on Iran's nuclear facilities dominating headlines, sell-offs triggered by geopolitical events typically have short durations. Following the US joining Israel's attack over the weekend, market reaction was relatively mild, with Brent crude oil prices briefly rising by 5.7% before giving back most ...

According to Bloomberg, Morgan Stanley strategist Wilson stated that despite the US strike on Iran's nuclear facilities dominating headlines, sell-offs triggered by geopolitical events typically have short durations. Following the US joining Israel's attack over the weekend, market reaction was relatively mild, with Brent crude oil prices briefly rising by 5.7% before giving back most gains on Monday. However, Iran may respond to the escalating situation by disrupting navigation in the Strait of Hormuz, a crucial global shipping route for oil and natural gas.

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