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Stock Market Precedent From Arab-Israeli War Is Bleak

Tyler Durden's Photo
by Tyler Durden
Authored...

The 1973 Arab-Israeli War, also known as the Yom Kippur War, has several similarities to today’s conflict with Iran. 

As Bloomberg macro strategist, Simon White, notes, the market outcome was not good...

...oil quadrupled, the dollar rallied over 15% and stocks faced their worst bear market since the Great Depression.