Wondering if investors/market underestimating the impact of Iran war? The most recent economic data seems relatively in-line/stable whatever you want to call it. However, I don’t think many – well of course the business tv talking heads/pumpers – are looking ahead to next quarter’s economic data, or the quarters to follow.
Not that I entirely trust the released figures, as they are often “revised” downward after the fact.
But with oil over a hundred bucks, gas at the pumps, job insecurity etc. etc., isn’t is plausible the forward looking numbers are going to be downright nasty and the economic outlook quite gloomy??
Interested in other’s thoughts and perspective.
Posted by No_Satisfaction1189