In a recent Cointelegraph interview, macro investor James Lavish explains why markets are pricing in a quick end to the Iran war — and what could happen if that assumption is wrong.
In the latest interview with Cointelegraph, macro investor and former hedge fund manager James Lavish issued a stark warning to Bitcoin holders and global investors: markets may be pricing in a quick resolution to the Iran conflict — but if that assumption proves wrong, the consequences could be severe.
Lavish argued that if the conflict drags on and keeps pressure on oil prices, the result could be a fresh inflation shock, renewed fears of stagflation and a major repricing across global markets.
In his view, this scenario would put the Federal Reserve in an impossible position: unable to raise rates aggressively without risking recession, yet unable to cut rates due to persistent inflation.
