<p>Richard Clarida, global economic advisor at Pacific Investment Management Company (PIMCO), stated, &#34;The longer the (Iran war) conflict lasts, the greater the negative impact on the U.S. economy.&#34; He pointed out, &#34;The long-term energy shock has not yet been fully priced in by the market, but if it persists, it will indeed slow down economic growth.&#34; (Bloomberg)</p>

<p>Richard Clarida, global economic advisor at Pacific Investment Management Company (PIMCO), stated, "The longer the (Iran war) conflict lasts, the greater the negative impact on the U.S. economy." He pointed out, "The long-term energy shock has not yet been fully priced in by the market, but if it persists, it will indeed slow down economic growth." (Bloomberg)</p>

Former Federal Reserve Vice Chairman Clarida: The longer the conflict lasts, the greater the negative impact on the U.S. economy