US wars have little economic impact on asset prices

Content Type
Policy Brief
Institution
Oxford Economics
Abstract
Last week we argued that a US attack on Syria would have little impact on asset prices. Here we expand this analysis to consider the effect on asset prices of other recent US attacks on a foreign power. Subject to the qualifications set out below, we find that the impact of US warfare over the past twenty years has been minimal. Excluding the first Gulf War , it is almost non-existent.
Topic
Economics, International Trade and Finance, Markets, War
Political Geography
United States, Syria