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Economist: The conflict between Israel and Iran is merely short-term market noise, no need to panic.
On June 13, economist Alex Krüger published an analysis that “the latest Israeli-Iranian confrontation should only have an impact in the short term, not start a new trend, but only short-term noise.” It is more akin to the Israeli-Iranian armed conflict in 2024 than to a large-scale war. The question is when to “buy the dip”. Looking back at the 2024 timeline:
· April 12: Rumors spread, and the market fell for the first time.
· April 13: Iran launched missiles directly at Israel for the first time, and the market fell again.
· April 14 to 18: The market remains tense as it awaits Israel’s retaliation.
· April 18: Israel retaliates with restrained attacks, avoiding strikes on major targets. The market soars. Both sides subsequently announce a halt, returning to covert operations.