Bloomberg Surveillance · Tuesday, August 11, 2026
The ongoing conflict is expected to be protracted, characterized by cycles of fighting and periods of rest for both sides to rebuild. This prolonged nature is influenced by military material shortages and a strategic shift towards economic pressure over military pressure.
“Bloomberg Economics we made an early call that this is going to be a protracted conflict, which means that it's a long war where there are cycles of fighting and then periods of rest and reconstitution as both sides try and rebuild and regroup.”
“Right now, we are in a period where the President has decided to dial back on military pressure in you know, with a preference towards economic pressure, and part of that is to give time to have more options and to try and regroup where needed.”