Bloomberg Daybreak: Asia Edition Trump Backs Off Iran Threat, Sets Five Days for Iran Talks
16 snips
Mar 24, 2026 Randa Slim, Middle East program lead at the Stimson Center, gives regional analysis on Iran and mediation dynamics. Suresh Tantia, Head CIO Asia Equity Strategy at UBS, covers Asian markets and hedging tactics. They discuss Trump’s delay of strikes and possible talks with Iran. Markets rally briefly, safe-haven flows and portfolio adjustments are explored.
AI Snips
Chapters
Transcript
Episode notes
Markets May Rally Now But Tail Risk Remains
- Asian markets are likely to see a short-term relief rally after Trump's signal to delay strikes on Iran.
- Suresh Tantia warns the situation is fluid and a messy path could still produce further escalation before resolution in 4–6 weeks.
Hedge With Gold And Short Dated Bonds
- Use gold and short-dated investment grade bonds as hedges amid volatility and recent liquidations.
- Suresh recommends buying gold after a ~10% pullback and adding short-dated IG bonds for juicy yields and limited rate sensitivity.
Hold Cash And Trim Cyclical Risk
- Keep some cash and reduce cyclical equity exposure while uncertainty persists.
- Suresh says his client portfolios hedge risk now and will re-expand equity exposure once the conflict resolves and markets bounce back.