Finance & Banking — Financial Markets Brace for Turmoil as Iran Conflict Escalates and Berkshire Transitions Leadership

Finance & Banking · 2026-03-01

Today marks a critical inflection point for financial markets with three major developments converging: escalating Middle East tensions following U.S.-Israel strikes on Iran and Supreme Leader Khamenei's reported death, Berkshire Hathaway's leadership transition manifesting in Greg Abel's first shareholder letter showing declining earnings, and mounting concerns about generational wealth…