Iran War: Supreme Leader's Warning After US & Israeli Strikes | The Pulse 05/26/2026

Watch on YouTube ↗  |  May 26, 2026 at 11:08  |  48:53  |  Bloomberg Markets
Speakers
Karen Ward — Chief Market Strategist, J.P. Morgan Asset Management
Rachel Ellehuus — Director-General, RUSI

Summary

Francine Lacqua hosts The Pulse covering geopolitical tensions in the Middle East and Ukraine, their impact on markets. Guests include Rachel Ellehuus on Iran negotiations, Karen Ward on market opportunities, Mohit Joshi on tech spending, and Ilaria Resta on watch collaboration. Key market takeaways: short rates opportunity, potential European equity rally on Strait resolution, and oil price volatility.

  • US and Israeli strikes on Iranian vessels in Strait of Hormuz escalate tensions.
  • Russia warns US to evacuate Kyiv, threatens systematic strikes on decision-making centers.
  • Rachel Ellehuus: negotiations difficult, but phased deal possible with UAE, Qatar, Saudi involvement.
  • Karen Ward: short-term interest rates are a big opportunity; market overprices central bank rate hikes.
  • Karen Ward: European equities and cyclicals could rally if Strait of Hormuz reopens.
  • Mohit Joshi: AI will expand IT services market, not destroy jobs; demand for human labor remains.
  • Ilaria Resta: Audemars Piguet-Swatch collaboration boosts brand relevance; biggest threat is irrelevance.
  • Ferrari shares fall after unveiling its first fully electric car at $640,000.
Trade Ideas
Karen Ward Chief Market Strategist, J.P. Morgan Asset Management 19:47
Short rates are a big opportunity.
Short-term interest rates are a big opportunity because the market is overpricing the likelihood and magnitude of central bank rate hikes. The ECB and Fed will at most deliver a gesture hike, and then stop, meaning short-term yields are too high and will decline.
SHY HIGH
Karen Ward Chief Market Strategist, J.P. Morgan Asset Management 20:42
European equities to rally on resolution.
If the Strait of Hormuz reopens as part of a resolution, European equities and cyclical assets that have been depressed during the conflict will rally strongly. The 'European trade' is completely on pause and undervalued relative to the potential catalyst.
VGK MED
Up Next
4:37:01
[May 26, 2:00 PM Broadcast Full View] 300,000-Won Samsung Electronics, 2,000,000-Won SK Hynix Achieved! KOSPI Hits All-Time High…Exchange Rate at 1,500 Won 'Gloomy' [Closing Bell Live]
3PRO TV (삼프로TV) · May 26
26:55
[#RealMarket] Foreigners sold 1.5 trillion won in spot and futures starting 10 minutes before market close.. "Is this a preview of tomorrow's decline?" / Samsung Electronics 2x ETF, the market will now flow like this | Director Park Hyunsang
815 Money Talk (815머니톡) · May 26
41:23
All memory is insufficient"...The real variable threatening the semiconductor super-boom | Kim Jang-yeol, Head of Unistory Asset Management [Focus Today's Stock]
3PRO TV (삼프로TV) · May 26
33:22
Standout leadership lessons from the CNBC Changemakers Summit
CNBC · May 26
56:28
The era of "SamjeonNix 2x" investment… Which asset manager should we choose?
Chesley Investment Advisory (체슬리투자자문) · May 26

This Bloomberg Markets video, published May 26, 2026, features Karen Ward discussing SHY, VGK. 2 trade ideas extracted by AI with direction and confidence scoring.

Speakers: Karen Ward  · Tickers: SHY, VGK