Video Description
Felix Nikolas Prehn, economist and former investment banker, explains why the S&P 500 is up 10% after 8 months of war with Iran while oil is up more than 50%, what a peace deal would do to oil, inflation, interest rates and your portfolio, and why gold has fallen about 27% in the middle of a war.
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Wars are meant to crash markets. This one hasn't. The S&P 500 fell 7.8% to its low on 30 March, then climbed 19.5% and closed at a record on 6 October. Felix explains why: a share price is a guess about...
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