Macro Strategy Insights

Updated Thoughts on Risk Following Strikes on Iran

Following the strikes today in Iran, we released a SITREP outlining our initial thoughts. In addition, we will be discussing the path forward for Iran on our 8pm ET webinar tomorrow; please register here. We will be addressing what comes next following the death of Iranian Supreme Leader Ayatollah Ali Khamenei. Lots of questions remain at this time with respect to leadership succession in Iran after many senior regime and IRGC leaders were killed. On the market side I remain comfortable. A lot was priced in. Brent has gone from $60 in late December to $72 on Friday. Some of ... Updated Thoughts on Risk Following Strikes on Iran

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