"Prepare Don’t Predict: How To Invest During A Geopolitical Crisis" by Joe Moglia, Forbes
The war in Iran started more than a month ago, and it’s been a major factor weighing on the minds of millions of retail investors. The conflict has touched numerous countries around the Middle East, killed thousands of people, displaced countless more, closed the Strait of Hormuz, and choked off oil and key resources like fertilizer to the rest of the world. While there have been murmurs about possible cease fires or peace deals, US ground troops have also been sent to the region, which means there’s a lot of volatility. The conflict has driven energy prices higher, hammered stocks in some sectors, and buoyed others.
Investors may rightfully be wondering what they should do. Go to cash? Double-down? Just wait and see?
Read More