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Another Judder Moment as Trump roils the West.
Blain’s Morning Porridge – October 12th, 2026
“Be careful if America is your enemy. Be terrified if they are your friend.”
Consequences spread like ripples on a pond. Trump lobbed the bloody great rock of the Iran War into the global economy earlier this year. Now the risks he raised are converging. Inflation, Rates, Trade, Geopolitics and Conflict were thrown into stark relief over the weekend as Trump further roiled markets, and climate risks will be extra spice. How this ends is unclear…
Key takeaways:
The consequences of the Iran war are escalating in geopolitics, rising conflict risk…
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