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Masters in Business

At the Money: Is War Good for Markets?

Masters in Business

Bloomberg

Business, Entrepreneurship, Investing

4.42.2K Ratings

🗓️ 14 February 2024

⏱️ 17 minutes

🧾️ Download transcript

Summary

What does history tell us about how war impacts the stock market? What is the correlation between geopolitical conflict and inflation? Can these patterns inform us of future bull market behavior? In this episode, Barry Ritholtz speaks with Jeffrey Hirsch about what happens to equities after global conflicts. Hirsch is editor of the Stock Trader's Almanac & Almanac Investor Newsletter. He's devoted much of his career to the study of historical patterns and market seasonality in conjunction with fundamental and technical analysis.

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Transcript

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0:00.0

Cybercrime, macroeconomic conditions, ESG reporting.

0:04.0

You can't predict the future, but you can prepare for it.

0:07.0

By understanding your risk, you can make your business resilient to challenges on the road ahead.

0:12.0

What's more, you can turn those risks into opportunities.

0:15.0

EY helps CFOs, boards, and audit committees

0:18.0

see beyond the numbers to uncover the critical insights that make their organizations resilient even in an ever shifting

0:24.6

landscape. For more insights that matter, visit EY.com slash beyond the numbers.

0:29.8

Pop culture is something that touches everyone. It's how we fill our leisure time and how we enjoy ourselves.

0:35.0

Particularly when you're talking about the famous people in big personalities and entertainment in tech,

0:40.0

there tends to be a need to sensationalize, but what I enjoy is explaining to people how the things

0:45.6

that they love get made come to be and how people make money off of it.

0:49.7

I'm Lucas Shaw and I cover the business of prop culture for Bloomberg.

0:53.0

My job is to uncover how entertainment is changing and explain what that means for you.

0:57.5

Because context changes everything. War in the Ukraine and the Middle East, inflation spikes in 20 and 21,

1:09.4

what is the financial impact of global conflict and rising prices?

1:15.6

The answer might surprise you. I'm Barry results and on today's

1:26.4

I'm Barry results and on today's edition of at the money

1:29.9

we're gonna discuss whether war in inflation somehow adds up to higher portfolio prices.

1:37.1

To help us unpack all of this and what it means for your investments, let's bring in Jeff Hirsch.

1:42.2

Not only is he the editor-in-chief of the stock traders

1:45.1

almanac, he is the author of the 2011 book, Super Boom, Why the Dow Jones

1:51.3

will hit 38-820 and how you can profit from it.

...

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