I didn’t expect this to become one of the more interesting updates of the day.
Asian equities rose sharply, led by semiconductor and AI-related shares, even as Iran-related risks remained in the background.
My first reaction was pretty straightforward, but the more I thought about it, the less simple it looked. There’s the headline version, and then there’s the real-world impact on people actually affected by it.
I’d wait before making a sweeping call.