The Market Has Spoken: A Syrian War Would Suck
August 27, 2013
Will War Against Syria Trigger Another Recession?
A war against Syria would be the least popular war in American history.
The market doesn’t like it either, and has voted with its wallet.
The Dow, FTSE, Japanese, Canadian and other stock markets are way down on war drums
Crude oil is soaring to a 52-week high on war jitters
And gold – a safe haven asset during times of uncertainty and distrust in government – has skyrocketed 1 percent
This is not surprising. Top financial experts have long forecast war. But they say that war is bad for the economy.