Latest / Winning With Winans! / How Wars Historically Affect the Stock Market
Transcript
- speaker-0: I've had a lot of people ask me, gosh, the war, I don't really know what to do about it. I'm concerned about it. Hey, look, I'm a vet. We have many, many people that I mean, certainly people involved in this show also served in the military. W I know it's difficult, and you you don't want to mix economics with war. The human toll and can and you know certainly the death tolls are seem to be rising right now. But the problem that people have, and I had the same talk with people in 2000, you know, dur certainly during nine eleven, same talk with people when we invaded Iraq. You know, the markets typically go up, not down in the long term during war. So again, anybody trying to politicize the war, especially now that it's a mid-year election year. And that the economy's gonna die because of this, or it's gonna affect us. Folks, I've studied every war since the war of 1812 and the effects on stocks, on real estate, and on bonds. And I'm telling you that overall, they go up during wars, not down. The big issue, in my opinion, and this is the thing we all have to monitor: inflation levels typically do rise during wartime economies. Now, this war, you know, we've only been in it for four months at this point. I'm I don't think the inflation caused by it is gonna be forever. But as long as you have oil prices acting like a pogo stick, you're gonna have situations with inflation, or worse yet, that a lot of times companies will raise prices because they're fearful that inflation will go on for a long time. So again, it's it has to do with the length of the war. Okay. So again, don't try not to buy or make too much out of the geopolitical. What I would tell you is this. I think you're better off owning good old fashioned US stocks right now.