{"id":348409,"date":"2026-03-26T06:52:12","date_gmt":"2026-03-26T06:52:12","guid":{"rendered":"https:\/\/www.newsbeep.com\/nz\/348409\/"},"modified":"2026-03-26T06:52:12","modified_gmt":"2026-03-26T06:52:12","slug":"wall-street-pros-are-nervous-about-iran-and-warn-about-complacency","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/nz\/348409\/","title":{"rendered":"Wall Street Pros Are Nervous About Iran and Warn About Complacency"},"content":{"rendered":"<p>JPMorgan analysts lowered their 2026 year-end <a target=\"_self\" class=\"\" href=\"https:\/\/www.businessinsider.com\/stock-market-forecast-oil-price-shocks-recession-risk-iran-war-2026-3\" data-track-click=\"{&quot;element_name&quot;:&quot;body_link&quot;,&quot;event&quot;:&quot;tout_click&quot;,&quot;index&quot;:&quot;bi_value_unassigned&quot;,&quot;product_field&quot;:&quot;bi_value_unassigned&quot;}\" rel=\"nofollow noopener\">S&amp;P 500 target<\/a> to 7,200 from 7,500, warning that investors are growing complacent about the risks tied to higher oil prices.<\/p>\n<p>The bank said last week that current market pricing rests on a &#8220;high-risk assumption&#8221; \u2014 that the Middle East conflict will end quickly and the Strait of Hormuz will reopen, limiting any hit to demand.<\/p>\n<p>&#8220;We believe the market is pricing in a quick end to the Middle East conflict and reopening of the Strait, giving a low probability to a potential demand hit,&#8221; the analysts wrote, noting that stocks and oil tend to move more negatively in tandem after a sharp price spike.<\/p>\n<p>JPMorgan added that investors have been hedging rather than fully derisking. While some speculative pockets \u2014 including software, South Korean equities, and crypto \u2014 have pulled back, broader complacency remains.<\/p>\n<p>The bigger risk, the bank said, is not just inflation from higher oil prices but the potential drag on demand if the Strait remains closed.<\/p>\n","protected":false},"excerpt":{"rendered":"JPMorgan analysts lowered their 2026 year-end S&amp;P 500 target to 7,200 from 7,500, warning that investors are growing&hellip;\n","protected":false},"author":2,"featured_media":348410,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[138,219,111,139,69],"class_list":["post-348409","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-economy","tag-new-zealand","tag-newzealand","tag-nz"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/348409","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=348409"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/348409\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/348410"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=348409"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=348409"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=348409"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}