A Stock Trader’s Guide to a Fractured Economic World

Investors are set to pour more money into defense, energy and technology stocks as the Middle East war forces governments to prioritize security and become more self reliant.

Wall Street has for years rewarded companies at the vanguard of globalization, while many countries neglected critical infrastructure, supply chains and resources. That era is now over, according to investors, who say the Iran conflict is accelerating economic changes prompted by the coronavirus pandemic, Russia’s invasion of Ukraine and America’s trade war.