Steve Hanke Warns of Stock Market Danger, Huge Uncertainty Under Trump
Investors are brushing off the Iran-Israel conflict as another brief distraction on the road to fresh highs. Steve Hanke thinks their complacency could prove costly.The professor of applied economics at Johns Hopkins University told Business Insider that Israel has been directly or indirectly tied to seven of the 19 major geopolitical events since 1950. Only one of those incidents — the Arab-Israeli War in 1973 — caused "lasting damage" that still weighed on stocks a year later, he said."So, what's happening now suggests that investors believe that history is a...
