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Piper Sandler: The market now has to price in more risk.
Jin10 data June 13 - Piper Sandler analysts believe that market risks have risen sharply following the Israeli attack on Iran. Considering the complacency about economic risks in the market prior to this week, investors need to be cautious. After so many macro risks were not priced in over the past two months, along with recent events, now is not the time to increase risk/beta/low-quality investments in the portfolio. Looking ahead, the market is expected to react strongly to the gradual escalation and de-escalation of the situation in the Middle East.