China remains insulated as the markets call out Trump’s bluffs on Iran

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Peter Alexander of Z-Ben Advisors says a deterioration in the markets makes a de-escalation of the conflict in Iran a certainty, weakening Trump’s hand in upcoming negotiations with China in May. He also says there continues to be appetite for risk assets in China as evidenced by the IPO demand, but it might be a stretch to say that China is a safe haven.