Investors are selling stocks, bonds, and gold, increasing cash holdings due to the Iran war’s geopolitical and macro uncertainty. This mirrors strategies from the Ukraine invasion, with concerns of an energy price shock fueling inflation and prompting central banks to consider rate hikes instead of cuts.
Accel-backed Rentomojo files for India IPO
Online furniture rental platform Rentomojo has filed for an initial public offering in Mumbai, according to a draft prospectus dated Friday.