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2026-04-08 16:26:27
[Institutions Warn of Irrational Exuberance in US-Iran Ceasefire] ⑴ Simon Ballard of First Abu Dhabi Bank said in a report that from a global macroeconomic perspective, a ceasefire is "undoubtedly excellent" news, but currently it is only described as a temporary ceasefire, therefore caution is warranted. The chief economist said, "Therefore, at this stage we caution against exhibiting any irrational exuberance." ⑵ He said that given US President Trump's recent remarks, "we recognize that the US president could soon undermine any such optimism." He said that the peace negotiations in the coming days and weeks will be crucial in determining the sustainability of the current cessation of hostilities.
