A war between Iran and Israel broke out, all would be well if Israel does not retaliate but I don’t think that’s possible.
I am quite confused on the impact of the war. I expect Russia-Ukraine to have had a bigger impact due to the role of Russia in global trade compared to Iran Israel.
Israel’s top exports are Diamonds, integrated circuits and refined petroleum(4 billion).
Iran’s top exports are Polymers and crude petroleum.
Can these impact the stock market severely?
Inflation could definitely increase or remain elevated, particularly in commodity and rare metals and energy.
My first thoughts are GMM’s international business could suffer the brunt of it with margins getting supressed. Domestic business isn’t that well for them and International has been the one carrying their business. Let’s see how it plays out
Capital good businesses like Pennar and Goodluck could be affected temporarily as well but hopefully not much.
My thoughts could probably sound dumb and I could be very wrong, however I am writing this down so I can later see how my thoughts vs reality turn out.
Subscribe To Our Free Newsletter |