[Bank of America Says Market May Underestimate Impact of Middle East War, Global Economic Risks Could Intensify] According to a report by Golden Finance, Bank of America Securities global economist Antonio Gabriel stated that investors may be underestimating the potential impact of the US-Israel-Iran war on global economic turbulence. Although the market generally believes the shock caused by the conflict will be short-lived, the current situation suggests significant uncertainty regarding the duration and scope of the war. In a report released on Monday, Gabriel pointed out that while the possibility of a swift resolution to the conflict still exists, the likelihood of the war lasting into the second quarter cannot be ignored, and even longer-term conflicts cannot be ruled out. "The market seems to be treating this event as a short-term shock, but we believe investors may be underestimating its potential risks."