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Old October 18, 2002, 04:08 PM
Raymond
 
Posts: n/a
Default Re: How will war affect business and the stock market?

Hi Dien,

As for my business (broker of used auto parts) when the economy is slow people tend to hold on to their cars, trucks, vans, and SUV's longer, thus the demand for used parts increases.

As for possible war in Iraq..... I believe there could be a sell - off of some stocks at warp speed.

However, on the other hand.....I believe there could be a buying frenzy of some biochemical, defense contractor, transportation, air lines, and home security stocks.

Also, bond sales may increase.

Just my 2 cents.....

Raymond

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> As you know, there is continual talk of
> possible war in Iraq....

> Without getting too much into the politics
> of it all - how will war affect day-to-day
> business? How could it affect the stock
> market?

> Does anyone have any insights? For example,
> does anyone know how business etc. was
> affected in the 1990-91 war in Iraq?

> Thanks.... I don't know much about this
> topic, but it could affect all of us....

> - Dien