Corn Burning Fool
Ok, so the stock market has been crashing for months because of the threat of war. Then today, when the war is virtually certain, the thing goes crazy. WTF? I don't get it.
The threat of war makes people wary, hence they hesitate to purchase stocks. There are also other concerns, such as the move to more stable investments (gold, etc.) and rising oil prices with concerns over supply, that divert funds from stocks.Tom R said:Simple. War is good for business. The ultimate in consumption and a bottomless government contract.