Global markets have turned sharply more pessimistic about the length of the Iran conflict and now expect it to keep going for months, Amundi Chief Investment Officer Vincent Mortier said. Markets have pivoted in the last 24 hours from “a resolution within weeks to a resolution within months,” Mortier said Thursday on Bloomberg TV, referring to the war. It’s “not easy” to invest given current macroeconomic uncertainties, he said on the sidelines of a conference hosted by Bank of America in Paris.
Today’s guests:
Vincent Mortier, Amundi Chief Investment Officer; Benedetta Berti Secretary General of the NATO Parliamentary Assembly; Katie Koch CEO & President, TCW; Richard Clarida, former Fed Vice-Chair & Global Economic Advisor to Pimco; Vanessa Holtz, Bank of America France Head & Bofa Securities Europe CEO.
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"The Pulse With Francine Lacqua" is all about conversations with high profile guests in the beating heart of global business, economics, finance and politics. Based in London, we go wherever the story is, bringing you exclusive interviews and market-moving scoops.
Chapters:
00:00:00 – The Pulse with Francine Lacqua
00:01:44 – Oil jumps as energy assets target in Iran war
00:05:26 – Vincent Mortier, Amundi CIO
00:15:10 – Katie Koch, TCW CEO
00:25:59 – Benedetta Berti, NATO Parliamentary Assembly Secretary General
00:33:21 – Fed says implications of Mideast conflict uncertain
00:34:18 – Richard Clarida, PIMCO Economic Advisor and former Fed Vice-Chair
00:43:05 – Vanessa Holtz, BofA France CEO
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