Markets 'A Bit Complacent' on Iran War, JPM's Parker Says

So let's talk about what we've seen so far. 5% move on stocks, 60 basis points of widening on high yield spreads from the tights of the year so far. Is that a sign of resilience or complacency.>> You know, I do think the markets are probably a bit complacent given the move that we've seen in energy markets. We've always said to clients when it comes to geopolitics. Geopolitics rarely have long-term impacts on markets, but we have to acknowledge that particularly when energy is at the center of the storm her ...