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Markets Haven’t Rallied This Fast Since the End of COVID. Iran Volatility Is Just Another ‘Notch on the Belt’ for Investors, Says JPMorgan Strategist

Summary by Fortune
“I know energy prices will move lower, and I know stocks are going to go back to focus again on the other big existential questions that they were asking before all this stuff kicked off,” Jack Manley tells Fortune in an exclusive interview.
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Morgan Stanley Market Consensus After the failure of the weekend talks, we remain unresolved in the Strait, now with the American blockade applied since Monday. The market remains long in puts (percentile 97 in SPX) since uncertainty remains high. Faced with the breadth of scenarios, the derivative structuring team proposes to take positions through hybrid options providing the dynamics of correlation between different assets Partial Resolution…

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Fortune broke the news in New York, United States on Wednesday, April 15, 2026.
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