While the UAE has managed to thrive during global instability, drawing capital during the Arab the Arab Spring opening up quickly during the pandemic and attracting Russian money after Moscow's invasion of Ukraine. But the Iran Israel war was one of the toughest tests yet for the countries neutral and open for business stance. Well, it seems to have managed to sidestep any major fallout so far.An undercurrent of nervousness remains. For more. Bloomberg Steps UAE bureau chief Abir Abu Ahmed joins us now.So y ...

Everybody's pretty comfortable right now with what they see in front of them. That doesn't seem to be any significant tail risk that we should be factoring into our thinking this morning. Iran is not likely to respond in a significant way that's going to disrupt global trade.Is that the right way of looking at this. I think it is the correct way to trade this until we get a fresh development. I don't think markets experts should pretend to be geopolitical experts.And, you know, all macro traders become armc ...

If you had asked anybody before this evening how Wall Street would react after the US decided to directly attack Iran, I'm guessing the thought would be more severe than this. I think that was the thought coming in. But remember, we had a taste of this when Israel first struck Iran back late June 12.Here in the United States. And I think the playbook that is going to play out tonight and into Monday could potentially be a repeat of that, a big knee jerk reaction where risk assets get sold off, haven assets ...

[Music] Gold is on a tan 25, up nearly 30% so far this year, torching stocks and bonds as investors scramble for a safe haven watching the dollar head lower. I'm Jared Blickery, host of Stocks in Translation. We're going to start here with a century of gold in a second here, but I wanted to find the gold standard, and this is something that went away 90 years ago.The n the gold standard is a monetary system where dollars can be swapped for a fixed amount of gold. And here's that chart. Way back in the day, ...

Thanks for having me on, Frank. Yeah, dollar's being held back by some uncertainty here and frankly being down 8%. It's just a scratch. Susan, it's just you're calling it just a scratch like Elon Musk.So, it's actually down more than 9%. But I want to get to the action this week in particular. So, I think a lot of people are saying people are piling into the dollar as a safe haven, but you're saying it's something a bit different.You're saying it's some short covering and just also a bare market bounce. Yea ...

I'm going to address the both of you guys again. Let's back up and talk about tech investing more broadly in the context of what else has been dominating the markets, which is this rapidly changing geopolitical landscape. Todd, I'll go to you for this one.We've seen a good amount of volatility around some of the recent developments on the geopolitical front, specifically when it comes to conflict in the Middle East. It has been jarring for sure, but interestingly enough uh not as jarring from a straight qua ...

one year inflation drops from 66 down to 51. That's a pretty big drop. Joining us this morning, Allianz chief economic adviser Mohamed El-Erian is with us Mohamed.It's a treat for us to be able to get your take on on the news of the day. I did read this morning that you feel that this this news out of the Middle East is net net maybe Stagflationary does that explain some of the action in treasuries. >> It is Stagflationary. The question is how stagflationary is it.And that's a function of what you just talk ...

get to Dom Chu. He's looking at some of the uh sectors and stocks on the move this morning. Hey, Dom.All right. So, Joe, Becky, in the wake of the uh Israeli air strikes on Iran, we wanted to give you a check on some of the safe haven trades that may react a little bit more in times of geopolitical risk and tension. Uh interestingly enough, uh visav the oil conversation you guys just had, that is where the real epicenter is.We are not seeing a lot of market activity. There is some activity in those safe hav ...

Moments ago, Israel launched Operation Rising Line, a targeted military operation to roll back the Iranian threat to Israel's very survival. This operation will continue for as many days as it takes to remove this threat. This is Horizons, Middle East and Africa.That was Israeli Prime Minister Benjamin Netanyahu vowing to continue operations against Iran for as long as it takes. Israel launching a series of airstrikes at Iranian nuclear sites. Tehran warning of a harsh response against the U.S. and Israel.O ...

So, what does this move away from the traditional safe haven asset tell you about where the market is heading, Tim. Well, if they're if they're vacating Treasury assets, you'd think yields would be higher. So, I mean, I think some of that is is somewhat conflicting, but I I think the the the confluence of ECB last week getting out there saying, "Hey, I think we're done in the short term, even though inflation is a little sticky. It's kind of not moving anywhere." And I think at this point, their doubbishnes ...