What Do Peace Dividends Look Like?
- Joshua M Brown
- May 2nd, 2011
The big discussion on the financial web will revolve around what Osama Bin Laden's death will mean for the economy and stock market. I don't have any answers but what I can provide is a little perspective.
Below I've charted up two different "Peace Dividend" charts of the Dow Jones Industrial Average following two major breakouts of peace. I am not inferring that Al Qaeda and terrorism are no longer a threat, I am saying that the Ol' Dirty Bastard's death, when taken alongside the Arab Spring and its lack of Al Qaeda presence or influence, is potentially of monumental significance.
Have a look below...
And below the Mother of all Peace Dividends, the Fall of the Berlin Wall, followed by the Soviet Union's collapse and the end of the Cold War:
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The Reformed Broker is a blog about financial markets and the economy. Joshua Brown is a New York City-based investment advisor for high net worth individuals, charitable foundations, retirement plans and corporations... More. -
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