economy
100 days of the Iran war: How global markets and the economy have been affected, in charts
The conflict is about to reach its 100th day, with peace negotiations hanging in the balance.
TL;DR
- Global markets have shown resilience 100 days into the Middle East war, with the S&P 500 hitting all-time highs.
- Optimism over AI's disruptive power and a profitable backdrop for U.S. companies are driving equity markets, particularly U.S. and Asian tech stocks.
- Bond yields have surged, reflecting investor concerns about higher inflation, hawkish monetary policy, and supply chain disruptions.
- Oil prices remain significantly higher than pre-war levels, despite cooling from wartime highs, due to supply constraints from the Strait of Hormuz closure.
- Global inflation is increasing, driven by high energy costs, with the U.S. consumer price index reaching its highest level in almost three years.