INVESTORS PAY ATTENTION TO THE IRANIAN GENERAL KILLING BUT THE REAL DANGER IS AT HOME $AAPL $HAL $SLB $XOM $USO $WMT $DG $DLTR $FB $AMZN $UAL $DAL $LUV $MSFT $INTC $MU $GOOG
A general who was the architect of Iran’s military-related foreign policy was killed by a U.S. drone in Baghdad, Iraq. As a result, U.S. stocks are falling, and oil prices are rising.
The death of Gen. Qassem Soleimani was viewed by some as an assassination, owing to his power and influence in Iran and among proxy militias in the Middle East. (Please see “Who was Qassem Soleimani, and why is his death a major development in U.S.-Middle East relations?”)
To understand the real impact on investors, let’s start with two charts. You may be surprised to hear that Soleimani’s death may not be as significant for stock market investors as it seems.… Please click here or the title below to read more.
January 3, 2020