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The Economic Times

Markets / The Economic Times

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Global Market | Ben Powell sees prolonged volatility as geopolitics cloud outlook

Middle East tensions are creating global market uncertainty. BlackRock's Ben Powell notes significant drone and missile strikes in the UAE. The Strait of Hormuz remains a critical chokepoint. Investors are reducing risk exposure. US bond yields are rising, impacting global capital. Inflation remains a concern, with the Fed likely to maintain a hawkish stance.

27 Mar 2026 1:21 pm