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Discussions on developments, which can move the market in certain directions
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TOPIC: Trouble in the Middle East

Trouble in the Middle East 03 Jan 2020 07:29 #13371

  • fas
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The killing of Sulimeini in my view could have nasty consequences for the market short- and medium term. Snow ball effect of "actions"?

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Trouble in the Middle East 03 Jan 2020 11:29 #13373

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fas wrote: The killing of Sulimeini in my view could have nasty consequences for the market short- and medium term. Snow ball effect of "actions"?

/

This too shall pass - I see no nasty consequences of any length!

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Trouble in the Middle East 04 Jan 2020 06:19 #13374

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I hope you are right of course. Undeniable fact however is, that the risk of war with Iran has substantially increased and just for fun, I consulted Mr. Google to see what happened in 1998 when the US marched into Kuwait, which was the start of the Gulf war.

Actually the DJ collapsed with 21%, but recouped the next 2 days with a plus of 15% or so. At least volatility can be expected if this does not cool down. As a side note - I have not looked very much at the development of the DOW the last 20 odd years or so. Looks gigantic- there must be a lot of very rich people in the US- LOL.

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Board moderator and Site-owner. I still regret the day I started analysing the prospects of MacroPore (now Cytori) back in 2004- a left-over from the tech-bubble at that time from the century change in my portfolio- and became addicted to Cytori´s fat cell technology. :cry:

Trouble in the Middle East 04 Jan 2020 09:10 #13375

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fas wrote: I hope you are right of course. Undeniable fact however is, that the risk of war with Iran has substantially increased and just for fun, I consulted Mr. Google to see what happened in 1998 when the US marched into Kuwait, which was the start of the Gulf war.

Actually the DJ collapsed with 21%, but recouped the next 2 days with a plus of 15% or so. At least volatility can be expected if this does not cool down. As a side note - I have not looked very much at the development of the DOW the last 20 odd years or so. Looks gigantic- there must be a lot of very rich people in the US- LOL.

/

1998 was a totally different situation - not comparable imo - yes, there are a lot of wealthy people in the US, and justifiably so - it is by far the greatest country on earth, notwithstanding the political impeachment nonsense currently going.

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