Michelle Clayman Quotes
If the war is short and goes fairly well and there are few casualties, there may be a relief rally. But if it's lengthy and perceived as unsuccessful, you're going to see more drifting and selling. 
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Short | Casualties | Relief | Rally | Lengthy |
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We're also still getting support from the low interest rates. While Treasury yields are not as low today as they've been, they are still historically at a substantial low, and that lends support to equities.
- Michelle Clayman
If we do go to war, probably as soon as the war begins the markets will take a lift, as they did in the Gulf War. If it's short and successful, the markets could rise, but if it's not -- or if there are nuclear, chemical or biological attacks -- it could be negative for the markets. It would be a huge blow to confidence.
- Michelle Clayman