Timing the Market 评价人数不足
读书笔记 第19章 战争的影响

Reading "Timing the market"

difficult condition lead up to war. War stimulates the economy, creates jobs, and increase inflation. Interest rates usually go up, and the stock market of the country fighting on foreign soil improves. (War on your own homeland, of course, diminishes the means of production and lowers prices on the stock markets that trade them.) Buying stocks when the president or Congress actives troops is one of the hardest investment decisions we ever have to make. We usually have to make this decision when the economy is slow and unemployment is at unacceptable levels. The mood of. The nation may be gloomy, but we need the vision to see the stronger economy, lower unemployment, and better stock market that lie ahead.

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