In this week’s video, Curtis Congdon, President of XML Financial Group, discusses a difficult topic. The current geopolitical conflict in Iran and its effects on oil prices and stock prices. We look at charts on Middle East conflicts dating back to 2010, the correlating stock prices during that period, and a chart depicting the top global energy producers and their correlating production. Lastly, we look at how the stock market has fared throughout major wars beginning with World War II.
It is important to note that during these periods, markets experienced short-term volatility but were ultimately driven by economic fundamentals. It is natural to feel uneasy during periods of uncertainty, but it is important to understand how similar periods in history affected the markets and use this knowledge as we evaluate the future.
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This communication is for information and educational purposes only. This is not a recommendation for the sale or investment in any product or strategy or to be perceived as individual advice. Information presented has been prepared from sources believed to be reliable but is not guaranteed and does not represent all available data necessary for making investment decisions. Economic and market forecasts presented herein reflect a series of assumptions and judgments as of the date of this presentation and are subject to change without notice. Forecasts do not consider the specific investment objectives, restrictions, tax and financial situation or other needs of an individual. Actual data will vary and may not be reflected here. Accordingly, these forecasts should be viewed as merely representative of a broad range of possible outcomes. The opinion expressed by this individual is based on facts and circumstances known at this time, is subject to change and does not reflect the opinions of all financial professionals of XML