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Market Outlook
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Markets shrug off, potentially underprice, Israel-Iran conflict

Nikko Asset Management head of New Zealand equities Michael Sherrock says market has ‘hardened’ to a rolling scrum of geopolitical shocks.

Markets have broadly underreacted to the eruption of the Israel-Iran war and the prospect of US military involvement, Nikko Asset Management head of NZ equities Michael Sherrock says.

That's seen global stock markets stutter only slightly, despite the two Middle Eastern countries' exchange of fire

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Brent Melville Mon, 23 Jun 2025
Contact the Writer: bmelville@nbr.co.nz
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Markets shrug off, potentially underprice, Israel-Iran conflict
Market Outlook,
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