Markets Awaken from Iran's Shadow: A Tale of Two Risks The recent surge in stock markets, particularly South Korea's Kospi index, has been a welcome respite for investors after last month's brutal selloff.
Beneath this surface level optimism lies a complex web of risks that threaten to upend the global economy.
One major risk is the ongoing stalemate between the US and Iran, which has been marked by President Trump threatening military action only to pull back at the last minute. His latest reversal, attributed to "U. S.