Bloomberg Daybreak: Asia Edition US Insists Talks Ongoing Even as Iran Rejects Trump Outreach
14 snips
Mar 26, 2026 
Sam Sicilia, CIO at Hostplus, on long-term investing, diversification, private credit, and cautious digital-asset exposure. Rosemary Kalanick, Middle East program director at Defense Priorities, on U.S.-Iran talks, military strategy, regional risks, and allies’ reluctance. They discuss market impacts, troop deployments, and how Gulf states might react.
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Iran Gains Leverage With Low-Cost Tactics
- Iran's tactical gains and low-cost guerrilla operations have improved its bargaining position.
- Kalanick notes Iran asserted control over the Strait of Hormuz and can continuously harass the region at low intensity.
Troop Buildup Signals Escalation Risk
- Sending thousands of U.S. troops looks like real escalation rather than a bargaining ploy.
- Kalanick believes troop deployments are insurance for planned escalation and that Trump is unlikely to back down.
Israel Wants More Than The U.S. May Offer
- Israel is the junior partner but seeks far more than Washington might accept, like regime change.
- Kalanick says the U.S. president can tell Israel no, though Israel likely wants regime collapse and would be unhappy with limits.