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War still weighs on stocks despite the S&P 500’s rebound
Lex专栏:标普500指数回升,但战争阴云仍笼罩股市

The fact that higher growth expectations have not led to higher valuations suggests that investors are more wary of what the future holds
增长预期上升却未带动估值攀升,说明投资者对未来更加谨慎。

It is less than two months since the start of the US and Israel’s war in Iran but the S&P 500 has already returned to record highs. Have stock market investors moved on from fears of escalating conflict? Perhaps not.

距离美国和以色列在伊朗开战快要两个月了,但标普500指数(S&P 500)已重回历史高位。股市投资者是否已不再担心冲突升级?未必。

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