Investors map a Trump-style playbook to Iran shocks

Investors are crafting a ‘Trump trade’ playbook to navigate Iran-related market uncertainty, betting on oil staying higher for longer (with six‑month futures around $79 and an oil floor near $85 by year‑end), and considering energy exporters like Canada and Norway as potential beneficiaries. They’re also reconciling bond yields in Europe and the UK, looking for mispricings across sectors (including relatively defensive healthcare), and preparing for ongoing volatility as geopolitical headlines drive prices rather than long‑term fundamentals.