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Talking Points
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Talking Points

Iran war stalemates, but trade war resumes. Central banks opine on stagflation as economic costs become more measurable. Bond markets show fear of inflation/fiscal costs but equities remain sanguine.

US-Iran war spills over to Europe

With the US-Iran war now in its third month, the two sides remain deadlocked in an unproductive ceasefire. The US-Israeli bombardment inflicted enormous damage but no…

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