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But experts have told MEE that those gains have masked some underlying weakness.

Topic: defense & securityRegion: middle eastUpdated: i1 outletsSources: 1Spectrum: Left OnlyFiltered: Middle East (1/1)· Clear⏱ 2 min read
📰 Scored from 1 outletsacross 1 Left How we score bias →
Story Summary
SITUATION
War gains, long-term pain: Wall Street's core business at risk due to Iran war War gains, long-term pain: Wall Street's core business at risk due to Iran war
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Spectrum: Left Only🌍ME: 1
Political Spectrum
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i1 outlets · Left
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Right
Left: 1
Center: 0
Right: 0
Geography Coverage
Distribution of where coverage is coming from.
i1 unique outlets · Dominant: Middle East
KEY FACTS
  • But experts have told MEE that those gains have masked some underlying weakness. Santiago/Getty Images/AFP)
  • While Wall Street's first-quarter earnings have looked strong, they largely reflect deals struck before the first strikes against Iran on 28 February, and the war's impact on dealmaking is only now beginning to show.
  • "Wall Street has done meaningfully less well out of the Iran war than might meet the eye," Ilya Spivak, head of global macro at tastylive, a US-based financial media and trading platform, told MEE.
HISTORICAL CONTEXT

This development falls within the broader context of Defense & Security activity in Middle East. Current reporting indicates: Rising oil prices and market volatility have boosted trading profits, but the gains mask threats to long-term growth But experts have told MEE that those gains have masked some underlying weakness.

While Wall Street's first-quarter earnings have looked strong, they largely reflect deals struck before the first strikes against Iran on 28 February, and the war's impact on dealmaking is only now beginning to show. This context is based on the currently available source text and may be refined as fuller reporting becomes available.

Sources
1 of 1 linked articles · Filter: Middle East