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.
Lawrence's Comment
Recap
We got the down side target right at the start of the week. Excuse to go lower immediately used up. Dow drifted higher since. Not even ECB news can ...
Overview
Emini overnight range 2058.50 up to 2075.50 (at 9:00 am)
Overnight Midpoint 2067.00
Previous Day Mid 2073.25
Emini S&P is now trading at the bottom part of its range with ...
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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