Iran's Tolerance for Conflict Higher Than Expected, Analyst Says

Jefferies Global Economist Mohit Kumar has suggested that Iran's tolerance for conflict may be significantly higher than many analysts anticipate, drawing parallels with the Iran-Iraq war. According to Jin10, Kumar's report indicates that the resolution of negotiations and the end of the conflict could be more complex than U.S. President Donald Trump envisions. As the war might last longer than investors expect, there could be further adjustments in the prices of risk assets, with increased attention to stagflation and recession risks. Investors initially anticipated a swift end to the conflict, leading to asset positions that may require further adjustments.