There are 2 specific crisis involving USA and countries supported by USSR / Russia.
Cuban Missile Crisis, October 14 to 18, 1962. 10% correction.
Gulf War, Operation Desert Shield portion, 2 Aug 1990 to 17 Jan 1991. 17% correction at the bottom.
If history repeat itself where Ukraine really becoming the battleground involving both US and Russia, it will induce a steep selloff. But the stock market happened to rally hard right after both crisis, so the effect is definitely temporary.
Haven't got time to write an update til now.
The sell off I was looking for til 3-day advance struck bottom was done in the beginning of last week. Not quite ...
WTF Chart of the Day: USA vs. USSR
There are 2 specific crisis involving USA and countries supported by USSR / Russia.
Cuban Missile Crisis, October 14 to 18, 1962. 10% correction.
Gulf War, Operation Desert Shield portion, 2 Aug 1990 to 17 Jan 1991. 17% correction at the bottom.
If history repeat itself where Ukraine really becoming the battleground involving both US and Russia, it will induce a steep selloff. But the stock market happened to rally hard right after both crisis, so the effect is definitely temporary.
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