Citadel Securities says investors are making a dangerous miscalculation about the Iran war

Tolga Akbaba/Anadolu via Getty Images

• The future of the Iran war remains murky even as Trump teases an off-ramp to markets.
• Citadel Securities thinks the risk to markets will remain high, with few easy exit options.
• EMEA fixed income sales head Nohshad Shah says investors may be making a dangerous mistake.

Citadel Securities thinks the Iran war is more complicated than markets perceive, and investors may be underestimating its impact still.

Markets...