SFY - What Middle East Tensions Mean To Your Investments
Escalating tensions in the Middle East have increased uncertainty levels in the stock market over recent days, with stocks pulling back and oil, gold, and volatility on the rise. In this context, it makes sense for investors to wonder if they should be selling stocks before things keep getting worse.
It is important to keep in mind that markets were at all-time highs and at overbought levels before the geopolitical tensions increased. From this perspective, a short-term pullback was already to be expected, and the military conflict could provide the excuse for the market to