Investors Use 2022 Russia Playbook for Middle East War

Markets use the 2022 Russia playbook as oil nears 120 dollars. While energy volatility is high, stocks and gold show more resilience than four years ago.

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Global financial markets are currently navigating a landscape that closely mirrors the economic shocks of 2022, as the escalating conflict in the Middle East threatens to trigger a fresh wave of inflation. Investors and analysts are looking back at the market behavior following the invasion of Ukraine by Russia to determine how assets might perform in this renewed period of geopolitical instability. While some parallels are striking, particularly in energy markets and currency trends, other sectors are showing distinct differences.

George Lagarias, chief economist at Forvis Mazars, pointed out that the global economy remains fragile due to ongoing trade tensions.

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