Intriguing chart in the  WSJ  (we’ve discussed this several times previously). 

The Journal quotes Hugh Johnson (A terrific old old pro and chief investment officer at Johnson Illington Advisors). Hugh noted "We’re learning to live with terrorism."

It may be even more basic than that:  Terrorism is a relative gnat to the Brontosaurus that is the global economy and capital markets.

Post-Terror Market Responses
click for larger graph



U.S. Stocks Stage Comeback
Wall Street Resilient After Attacks; ‘Learning to Live With Terrorism’
WSJ, July 7, 2005 5:43 p.m.,,SB112073445420279386,00.html

Category: Investing, Markets, Psychology, War/Defense

Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data and lack of respect for scientific knowledge. Be sure to create straw men and argue against things I have neither said nor implied. If you could repeat previously discredited memes or steer the conversation into irrelevant, off topic discussions, it would be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.

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