NOT EVERYTHING THAT GLITTERS IS GOLD: HOW THE CONFLICT WITH IRAN TESTED THE HISTORICAL ROLE OF SAFE ASSETS
https://resizer.glanacion.com/resizer/v2/5NYTUNY5A5GATIVQEF5GOJV2AM.JPG?auth=021fa60fae9ed8088dfe925f3c391e618cde5e6be115f8e3378fa7daf820ccfc&smart=true&width=2000&height=1333
โ๏ธ The article discusses how traditional safe-haven assets such as gold and the Swiss franc have not performed as expected during the Iran conflict, and how the US dollar has been a notable exception.
๐ The Swiss franc, gold, and other traditional safe-haven assets did not perform as expected during the Iran conflict. ๐ The US dollar was a notable exception, increasing in value during the conflict. ๐ Experts attribute the underperformance of safe-haven assets to factors such as market expectations, inflation, and the impact of the conflict on the global economy. ๐ The article raises questions about the long-term viability of safe-haven assets as a strategy for investors.
-- #RobertArmstrong #MichaelSeigne #WolfgangWrzesniok-Roรbach #LukeHickmore #Iran #Switzerland #Japan #UnitedStates #business
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