Synopsis
For all those who are rattled by geopolitical tensions and rising crude oil prices, remember: Worrying about these developments will yield nothing. No one has any control over what Iran, Israel, or the US, the three main actors, will do. Yes, if there is an escalation, the market will fall. But markets also quickly price in every development. How much time did it take for the market to discount the Russia-Ukraine war, which continues to drag on? So, focus on what you will buy, and why you will buy it, when the market corrects.
Do you think that the tension in the Middle East is the last geopolitical crisis the street will have to deal with? The answer is no. We are living in an era when such things will happen again and again. We need to learn to live with them. While we have no control over how a geopolitical development will pan out, we can control what stocks to buy when markets are correcting. Yes, if further escalation happens, the market will fall, but then
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