A picture of a world map on a wall

Geopolitical risk analysis demand surges amid U.S.-Iran tensions

Reuters reports on a ?growing industry of ex-military and national security advisors who are helping Wall Street firms identify imminent military action. Around 6 p.m. ET on the day before U.S.-Israeli air strikes killed Iran’s Supreme Leader on Saturday February 28, for example, geopolitical risk consultancy WestExec Advisors advised clients that there was a 65% probability of military action that weekend, said its managing partner Nitin Chadda. “What you’re really seeing from the financial industry is ?how national security and economic security have been merging over the last few years, and that is accelerating,” observed Amy Mitchell, founding partner at geopolitical consultancy Kilo Alpha Strategies.