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

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

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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
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Chad Bray

Chad Bray

Chad is a senior business reporter focused on finance. He has previously written for The New York Times, The Wall Street Journal and Dow Jones Newswires.

Martin Choi

Martin Choi

Martin is a reporter for the Post. He joined the team in 2018 after graduating from the University of Hong Kong with a degree in Journalism and Global Studies. Previously, he interned at Forbes in Hong Kong and Agence France-Presse in Shanghai.

Kathleen Magramo

Kathleen Magramo

Kathleen is a Graduate Trainee reporter at The Post. She joined the team in 2019 after graduating with a degree in politics and journalism at the University of Hong Kong. Previously, she was an intern at Asian Private Banker, covering fintech and private banking. As a Filipino who grew up in Hong Kong, she speaks Cantonese, Mandarin and Tagalog.