How the Iran War Threatens Global Economic Growth
Oil prices will remain high and the cost of borrowing will go up as the conflict continues.
With the Iran war now into its third month, the toll on the global economy is becoming more clear. We asked Ziad Daoud, chief emerging markets economist for Bloomberg Economics, to give us his assessment. Plus: Livestream shopping is inspiring customers to spend big, for better or worse (free link), and a little-talked-about investment product is taking over 401(k)s.
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