I don’t think the markets are going to take it well. I would think energy prices will rise as well if this conflict expands and lasts a long time.
I don’t think the markets are going to take it well. I would think energy prices will rise as well if this conflict expands and lasts a long time.
I don't know, it really depends on how Israel responds. I could see the market gapping down 1% when the markets open tonight and being flat by the open. The Iranian strike certainly wasn't effective. If war expands and we get dragged into it then I would guess oil spikes enough and the rise lasts long enough to affect inflation and our economy. But I think we're a long ways from a direct US conflict with Iran.
Thanos was the hero
But I think we're a long ways from a direct US conflict with Iran.
This is logical, but not historical lately.