"The conflict in the Middle East has escalated significantly over the past week. Geopolitical risk is causing deep unease in the financial markets.
(...)
Focusing on the stock market, what does the empirical evidence tell us about the dynamics of returns in contexts of high geopolitical risk?"

Read here (available in Portuguese) the recent opinion piece by Gonçalo Faria, professor at Católica Porto Business School, published on CNN Portugal.