
Middle East tensions
Events in the Middle East over the past few days have highlighted just how fragile the situation remains in that part of the world and it is understandable that this has dominated the media. There has been much written on the situation and there is little value to be added in terms of reportage. Established media sources have connections on the ground and provide almost real time information on how the situation is developing. However, as investors we need to look through the undeniable human tragedy to the potential impact on the global economy and markets. Daniel Murray provides some observations in this Macro Flash Note.