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RE: US Launch Precision Attacks on Syria, Market Risk Swiftly Returns
It annoys me that Trump bombing Syria would somehow negatively affect markets. His bombing has absolutely nothing to do with markets. If anything weapons stocks should be up as he is spending many millions on weapons. But why should any stock be down?
And in the case of cryptos we can surely say that cryptos have absolutely nothing to do with this. It's not like bombing Syria somehow damages the blockchain technology, any blockchain tech companies headquartered in this war torn country?
Markets don’t like uncertainty. Why would you invest your money in riskier assets if you think there will be war and you might need that cash?
That’s why markets fall on things like this.
You're annoyed? Your comment annoys me.