Stockholmsbörsen går mot uppgångar 18 mars
Börsen öppnar med breda uppgångar på onsdagen
https://www.di.se/live/gott-gry-pa-borsen-boliden-stiger-svagt-efter-miljardinvestering/
There is near-universal agreement, that it all comes down to who controls the Strait of Hormuz.
At the moment Iran does. So long as this is true, it is winning.
Martin Wolf Financial Times 18 March 2026
https://www.ft.com/content/86be5097-1a9c-4dd6-bf53-1f2b429592c7?syn-25a6b1a6=1
Hormuz Reopening Looks Unlikely Without a Ceasefire in Iran War
Those skeptical of the US escort idea point to the recent history in the Red Sea on the other side of the Arabian Peninsula.
There, Houthi militia in Yemen used similar tactics to disrupt traffic through the Bab al-Mandeb strait, despite bombing campaigns from the US and others.
Bloomberg 17 March 2026
The US and Israeli militaries had plenty of well-scoped targets and precision bombs but no apparent exit strategy.
It should have been obvious that the Iranian regime would not collapse immediately, even if its top leadership was decapitated. And it was all too foreseeable that Iran’s retaliation would aim to destabilize the region and push up oil prices.
Everyone has always known that the Strait of Hormuz is the regime’s trump card.
The Iranian regime may have come to believe that it holds the stronger hand. It knows that Americans have no appetite for a prolonged war, and it is prepared to endure the current blockade and suppress the population for as long as it takes to ensure the Islamic Republic’s survival.
Daron Acemoglu, a 2024 Nobel laureate in economics and Institute Professor of Economics at MIT, is a co-author (with James A. Robinson) of Why Nations Fail: The Origins of Power, Prosperity and Poverty (Profile, 2019) and a co-author (with Simon Johnson) of Power and Progress: Our Thousand-Year Struggle Over Technology and Prosperity (PublicAffairs, 2023).
Investors Can Handle What’s Happening in Hormuz
The president of the US virtually announced the end of NATO; the war in the Gulf intensified with the killing of Iran's security chief; oil prices continued to rise as Iran made clear that it retains total control over the Strait of Hormuz waterway.
And stocks went up, more or less everywhere.
So why the calm?
The single biggest reason equities are holding up is that the earnings forecasts that underpin their prices are also stable.
Even if energy companies (obviously helped by a big oil price increase) are excluded, the war has had no effect so far on rising earnings expectations for this year.
John Authers Bloomberg 18 March 2026
Dagen innan
https://englundmacro.blogspot.com/2026/03/bad-days-are-here-again.html
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