Wall Street strategists are issuing a 'stay the course' directive to American households as the escalating US-Iran war wipes trillions from markets, warning that fleeing to cash now risks missing the inevitable 'ripper of a rally' that historically follows geopolitical shocks.
Global X head of investment strategy Scott Helfstein and Carson Group's Ryan Detrick lead a growing chorus of experts who maintain that while the 18-day conflict has sent oil past $115 and triggered a 4.2% dip in the Morningstar US Market Index, the 'biggest mistake' an investor can make is cashing out and missing the subsequent bounce.
