The war in Iran carried on yesterday. Surprisingly, the markets were relatively calm on Monday, with the S&P 500 closing flat on the day as traders stepped in to buy on the dip. The tech-heavy Nasdaq Composite even finished up 0.15%.
While one can be hopeful that the markets will hold tight, as they have in previous geopolitical conflicts, there’s less reason to be optimistic if this war lasts for months, even years.
