As tensions in the Middle east escalate, here’s how it may impact your portfolio.
Transcript:
BRIAN LEVITT: So we have now escalating tensions in the Middle East adding another layer of uncertainty for U.Ss markets. How big of a threat is that?
CAROLINE WOODS: I always tell people to ask themselves, does it change the trajectory of the US economy, or does it change what the Fed is going to do. And I would argue that the conflict that’s going on right now between Israel and Iran probably does not change the answer to those two questions. So we look at it from the perspective of regional volatility. And look, it could get worse if there’s a broader conflict or conflict in the Strait of Hormuz. But in general, regional war tends to not derail business or market cycles.
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