War and Policy

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A look through prior Middle East wars suggests a potential conflict with Iran would likely be a volatile "sell the news" event. Prior conflicts most directly impacted the U.S. economy through higher oil prices and increased economic uncertainty. Fed policy focused on the growth negative impact and viewed the inflationary impulse as transitory. Risk markets reacted negatively to the buildup of the war, rallied at the outbreak and continued to rally under the impression of […] Click here to Subscribe! The post War and Policy appeared first on Joseph Wang.