Menu
Theme
Sign In
The stock market continued to move higher today as it has since the beginning of the week despite the fog of war in the Middle East. Bond yields have also declined since Monday. They did so again today despite a higher-than-expected PPI inflation rate. Meanwhile, the price of oil has also declined so far this week.
Perhaps that's because investors and traders have learned in recent years that geopolitical crises in the Middle East don't last long or don't have significant impacts on the global economy. In addition, they may have concluded that just as important as the war in the Middle East are the following developments:
End of free preview
Ed's analysis as news breaks — often the same day. Plus the full QuickTakes archive.
Individual investor? Get Ed's QuickTakes for personal use at yardeniquicktakes.com →