Economic Insights

Peace, With Exceptions

May 10, 2026·13 min
Episode Description from the Publisher

Alex and Selim talk about the week where markets lurched between record highs and sharp reversals as the US-Iran ceasefire proved anything but stable — exchanges of fire in the Strait of Hormuz, Iranian missile strikes on the UAE, and yet a White House insisting the pathway to negotiations remains open. A strong US April payrolls number contrasts with slowing Europe and the UK economies. Turkey bears some of the sharpest pain, with April CPI rising significantly.

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