Institution: Amid the backdrop of the Middle East war, investors should focus on long-term prospects

According to Golden Ten Data on March 30, Richard Flax of Moneyfarm stated in a report that as the war in the Middle East continues, investors should focus more on long-term prospects rather than short-term fluctuations. Due to the uncertainty surrounding the Middle East conflict, market volatility is rising. “We believe investors are seeing an increased risk of stagflation,” he said. He also mentioned that there is a possibility of the warring parties reaching an agreement, which would help reduce oil prices.