Jeremiah (his name is the root for our word jeremiad) wrote about the children of Israel, “They dress the wound of my people as though it were not serious. ‘Peace, peace,’ they say, when there is no peace.” (Jeremiah 6:14 New International Version (NIV) Copyright © 1973, 1978, 1984 by International Bible Society).
You may not agree with biblical theology; you may find it harder to resist the constant threat of warring factions on this orbital globe. Peaceful dialogue between Democrats and Republicans is as difficult as trusting dialogue between Arabs and Israelis.
As long as people live, equity and bond markets will suffer the effects of hegemonic and internecine conflicts. Investors must endure the conflicts with hopes of resolution. War effects market moves; strategy is every investor’s expectation. Peace is what we all seek with hopeful prayers.
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