Israel-Iran conflict poses three challenges for stocks that could slam market by up to 20%, warns RBC - MarketWatch
1. Middle East conflict may negatively impact equity market valuations. 2. Investor sentiment recovery could falter due to heightened geopolitical tensions. 3. Rising oil prices could increase inflationary pressures impacting the market. 4. P/E multiples are already above long-term averages, increasing vulnerability. 5. RBC forecasts a potential upside for Brent crude due to supply disruptions.