Feb 28, 2022
In this special episode, we review the relationship between
war and financial markets. War is a tragedy. We are not minimizing
the humanitarian tragedy of what is happening in Ukraine by
focusing on the potential impact on financial markets. But we are
offering a Rational Reminder for investors in a stressful time.
Wars and financial markets have coexisted, and often been
intertwined, for hundreds of years. Countries that have lost major
wars have had their financial markets decimated, while global
markets have been relatively resilient, even to major conflicts. In
addition to the historical perspective, we offer some timeless
lessons for investors to remember in times of stress.