Are Markets Misreading The Middle East War?

U.S. stock futures edged lower on Thursday, as investors kept tabs on tensions in the Middle East and gauged an incoming raft of corporate results. Although oil prices have eased back from an initial spike after the start of the war in late February, they are still well above pre-conflict levels. Worries have abounded that the energy shock could trigger a spike in inflationary pressures and a slowdown in global growth. We think markets are misreading the stalemate in the Straits. The latest edition of our finance and property news digest with a distinctively Australian flavour. http://www.martinnorth.com/ Details of our […]