I don't think this has much of an impact on the U.S. markets, barring some bit of tomfoolery in the Middle East.
More Quotes from Barry Ritholtz:
If the Fed stops raising rates, the market will blame them if inflation gets too hot, and if they keep cranking up interest rates, then the real estate market is at risk. It's a somewhat challenging environment.Barry Ritholtz
The budget deficit is going to have to go up over the next three to seven years.
Barry Ritholtz
When you stop and think about it, if the Fed were to pause, what does it actually do for anybody ... in the afflicted Gulf region At this point they're more concerned with basic food and shelter and not really comparison-shopping for mortgages.
Barry Ritholtz
Markets don't make a top and then slide, topping is a process. Typically markets make an initial top, back off, try to surpass it, and can't do it.
Barry Ritholtz
Markets tend to temporarily wobble, and then return to their prior behavior. So don't panic or make any decisions based on your knee-jerk emotions.
Barry Ritholtz
At the beginning of the war, every headline caused the market to go screaming. Now, the market seems to have become inured to violence.
Barry Ritholtz
Readers Who Like This Quotation Also Like:
Based on Keywords: tomfooleryI want to bring more gymnastics on television.
Shannon Miller
Self-righteous people can talk themselves into forgetting they are part of a civilization. They can then feed on that culture, bringing it down. It's happened many times in the past. It could happen to us.
David Brin
This business is all about being seen, and the more people see you the better.
Debra Wilson