President Donald Trump speaks about the situation with Iran in the White House on Wednesday. He seemed intent on de-escalating the crisis after Iran launched ballistic missiles on two Iraqi bases housing US troops. Photo: Abaca Press/TNS President Donald Trump speaks about the situation with Iran in the White House on Wednesday. He seemed intent on de-escalating the crisis after Iran launched ballistic missiles on two Iraqi bases housing US troops. Photo: Abaca Press/TNS
President Donald Trump speaks about the situation with Iran in the White House on Wednesday. He seemed intent on de-escalating the crisis after Iran launched ballistic missiles on two Iraqi bases housing US troops. Photo: Abaca Press/TNS
Investing
Business /  Companies

US-Iran tensions not likely to stall equities markets as recession fears ease in 2020, strategists say

  • Little to no chance of a recession in 2020; modest returns are likely for equity markets
  • Oil prices would need to spike for a long period to cut into GDP forecasts, according to BNP Paribas Wealth Management

Topic |   Investing
Chad BrayMartin ChoiKathleen Magramo
Chad Bray , Martin Choi and Kathleen Magramo

Updated: 7:15am, 10 Jan, 2020

Why you can trust SCMP
President Donald Trump speaks about the situation with Iran in the White House on Wednesday. He seemed intent on de-escalating the crisis after Iran launched ballistic missiles on two Iraqi bases housing US troops. Photo: Abaca Press/TNS President Donald Trump speaks about the situation with Iran in the White House on Wednesday. He seemed intent on de-escalating the crisis after Iran launched ballistic missiles on two Iraqi bases housing US troops. Photo: Abaca Press/TNS
President Donald Trump speaks about the situation with Iran in the White House on Wednesday. He seemed intent on de-escalating the crisis after Iran launched ballistic missiles on two Iraqi bases housing US troops. Photo: Abaca Press/TNS
READ FULL ARTICLE