- The Big Picture - http://www.ritholtz.com/blog -
Post-Terror Market Responses
Posted By Barry Ritholtz On July 7, 2005 @ 6:03 pm In Investing,Markets,Psychology,War/Defense | Comments Disabled
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.
U.S. Stocks Stage Comeback 
By SCOTT PATTERSON
Wall Street Resilient After Attacks; ‘Learning to Live With Terrorism’
WSJ, July 7, 2005 5:43 p.m.
Article printed from The Big Picture: http://www.ritholtz.com/blog
URL to article: http://www.ritholtz.com/blog/2005/07/post-terror-market-responses/
URLs in this post:
 discussed: http://www.thestreet.com/_tscana/comment/barryritholtz/10228215_2.html
 previously: http://www.thestreet.com/_rms/funds/gbs/10001103.html
 Brontosaurus: http://www.amazon.com/exec/obidos/ASIN/039330857X/thebigpictu09-20/102-1793806-1323309
 Image: http://bigpicture.typepad.com/.shared/image.html?/photos/uncategorized/terror_mkts07072005151435_1.gif
 U.S. Stocks Stage Comeback: http://online.wsj.com/article/0,,SB112073445420279386,00.html
Copyright © 2008 The Big Picture. All rights reserved.