Almost two weeks on from Israel-US attack on Iran, Bell Financial’s CIO suggests the response from advisers and the broader market has been “strange”, with signs of becoming somewhat desensitised to this kind of upheaval.

On 28 February, Israel and the US launched an attack on Iran following failed negotiation efforts with thousands of bombs dropping across the Middle East and Gulf regions since, triggering widespread chaos and macroeconomic upset. 

As a result of the conflict, the Strait of Hormuz – through which around 20 per cent of the world’s daily oil supply is transported – has effectively been shut down, causing significant ripple effects across the globe, particularly when it comes…