Here's What Experts Think About the Economy—and Markets—as War in Iran Continues [Yahoo! Finance]
Goldman Sachs Group, Inc. (The) (GS)
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Source: Yahoo! Finance
Key Takeaways The war in Iran did little to dent the stock market this week, underscoring a prevailing belief on Wall Street that disruption to energy markets will be short-lived and minimally impact the economy. Investors, however, may be underestimating the risks posed by instability within Iran and unanchored inflation expectations, some market watchers say. War in the Middle East fueled a volatile trading week for stocks, but it wasn't as bad as it might have been. There are reasons for investors to worry about longer-term effects—to both markets and the economy. Heading into Friday, the S&P 500 was down less than 1%—despite four days of conflict between the U.S. and Israel and Iran and a more than 20% jump in the price of oil. (Read Friday's full markets coverage here .) If that seems like a modest move, experts said, it could be because of optimism that things might not get much worse. “What market participants are really looking at is: 'Is this going to translate thr
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