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Investing.com -- Global equity markets hit fresh highs this week on hopes of a U.S.-Iran peace deal, but Barclays strategist Emmanuel Cau warned that a broader and sustained rally remains contingent on the Strait of Hormuz reopening and participation extending beyond an increasingly stretched semiconductors trade.
Investing.com -- JPMorgan strategist Mislav Matejka urged investors to look past near-term geopolitical turbulence and use market weakness as a buying opportunity, arguing in a note that the risk of a prolonged stagflationary shock is overstated.