You are connecting from Lake Geneva Public Library, please login or register to take advantage of your institution's Ground News Plan.
Published 55 minutes ago • loading... • Updated 54 minutes ago
Investors Prosper and Consumers Pay as the Iran War Exacts an Uneven Economic Toll 6 Months In
Michael Ashley Schulman, an investment strategist, said the global economy has performed like a ‘Mission Impossible’ scene six months into the Iran war.
The Dow has gained nearly 19%, the S&P increased almost 22%, and the Nasdaq surged 27% during this period.
Rising oil prices impact many products and particularly affect those who travel frequently, increasing costs broadly.
The United Nations World Food Programme warned that tens of millions of people could face hunger due to the war.