China Stocks Top Bet in Iran War Oil Chaos

What Happened

Jefferies' global head of equity strategy, Christopher Wood, just dropped a bombshell: China's onshore stocks are the top assets to own right now, smack in the middle of the Iran war's oil price surge. In a fresh Bloomberg interview, Wood argued that while crude rockets past $100 a barrel due to Middle East tensions, Beijing's markets offer the real value play. This comes as global indices wobble, with MSCI flagging certain regional benchmarks as surprisingly vulnerable to war...