Wars, The Global Economy, Markets...El-Erian's "Initial Thoughts" //ASSET MARKETS WILL BE IMPACTED

 Some initial thoughts on the implication of the escalation of Iran-Israel tensions for the global economy and markets:

https://bloomberg.com/opinion/articles/2024-04-14/iran-attacks-israel-what-it-implies-for-global-economy-markets?srnd=undefined…

What the Middle East Now Implies for the Global Economy, Markets

They are relatively well-placed to handle the immediate uptick in the geopolitical risk premium. They are not well-placed to navigate further escalations that would involve more parties in a more significant manner.

April 14, 2024 at 11:00 AM PDT

By Mohamed A. El-Erian

Mohamed A. El-Erian is a Bloomberg Opinion columnist. A former chief executive officer of Pimco, he is president of Queens’ College, Cambridge; chief economic adviser at Allianz SE; and chair of Gramercy Fund Management. He is author of “The Only Game in Town.”