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Stock impact report

Managing your money when geopolitical risk and volatility are high [Yahoo! Finance]

Morningstar, Inc. (MORN) 
Company Research Source: Yahoo! Finance
It's hard not to be worried by the avalanche of upsetting news stemming from the decision of the US and Israel to launch a war on Iran. Nor about how that decision will affect the world's economies and markets for months, if not years to come. No one can reliably predict how this current moment in history will end. But short-term financial effects in the United States will be felt – at least initially – through higher market volatility and higher gas prices. And, depending on how long it lasts, the turmoil raises the risk of creating higher consumer prices , greater inflation and a recession But when it comes to making decisions about your finances going forward: Keep some historical perspective “For investors, my advice is not to overreact to the news of the day,” said chartered financial analyst Adam Grossman, founder of Mayport Wealth Management, in an email to CNN. Why? “Because we can look back at history and see that we've gotten through all past crises, and the marke Show less Read more
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