Today’s post is from Anuradha Gaggar of Commonwealth’s Investment Research team.
Earlier this month, capital markets declined sharply at the very hint of rising tensions between the U.S. and North Korea. Now, it’s not surprising that many global citizens would be fearful at the thought of nuclear war and the far-reaching social, political, and economic effects that could result. What may be surprising, however, is that capital markets have historically been much more stoic in times of war.
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