BREAKING: Iran has announced it is again closing the Strait of Hormuz. The military says the US must lift its blockade of Iranian ports before the Strait is opened again.
JPMORGAN: BUY THE DIP, V-SHAPED REBOUND LIKELY
JPMorgan Chase says investors should buy market pullbacks, arguing conditions support another V-shaped recovery despite geopolitical risks.
Strategist Mislav Matejka notes volatility may persist, but a 3–12 month horizon favors adding risk as bearish sentiment and oversold signals create opportunity.
The bank also expects international stocks, emerging markets, small caps, and value to outperform, with inflows likely to resume.
BREAKING: Iranian military source:
"No oil tanker or ship belonging to the enemies will pass through the Strait of Hormuz before 'Israel' commits to a ceasefire in Lebanon"
BREAKING: The Iranian National Security Council:
"Within a few hours, if the firing does not stop in southern Lebanon, the air and missile unit will bomb Tel Aviv.."