| Submit your comments on this article | |
| Economy | |
| When Uncertainty Strikes: The First 72 Hours of Fear | |
| 2026-03-01 | |
| [ZeroHedge] The 12 Temptations blog is an ongoing series examining how markets behave under stress. We deliberately avoid prediction and advocacy, focusing instead on structure, incentives, and behavioural dynamics. Over the past 48 hours, geopolitical tension between the United States, Israel and Iran has escalated into direct military action. Air and missile strikes have been reported. Retaliatory measures have followed. Political leaders are issuing statements, and international observers are attempting to assess the scale and trajectory of events. At the time of writing, it is still the weekend. Financial markets are closed. There are no live equity prices, no opening gaps yet visible on a screen, no formal repricing of risk in global indices. And yet the psychological repricing has already begun. BEFORE THE BELL: THE PSYCHOLOGICAL REPRICING For many investors, this waiting period can feel more uncomfortable than the market reaction itself. There is no ability to transact, no price to anchor to, no confirmation of whether fears will be validated or contained. There is only information, speculation, and the awareness that when markets reopen, they will need to process a very real geopolitical shock. This is where behavioural finance becomes particularly relevant.
| |
| Posted by:Skidmark |