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Beware the risk of a scorched-earth strategy from Iran, say Bank of America strategists
Yahoo Finance· 2026-03-10 18:50
Bank of America strategists say investors should keep their hedges in case of a scorched-earth response by Iran. - -/ICANA NEWS AGENCY/Agence France-Presse/Getty Images Buy-the-dip traders were massively rewarded on Monday after wild swings in oil markets sent Dow futures from down over 1,000 points to a 200-point gain. Bank of America’s equity derivatives strategists, led by Nitin Saksena, say it’s too early to celebrate. Most Read from MarketWatch “With the Iranian regime doubling down on hardline le ...