Beware the risk of a scorched-earth strategy from Iran, say Bank of America strategists

🤖 AI Summary

Bank of America's equity-derivatives strategists, led by Nitin Saksena, caution that it is too early to celebrate.

They highlight the risk of Iran employing a 'scorched-earth strategy'.

Strategists are advising caution regarding potential negative market impacts stemming from geopolitical risks.