An airstrike that killed the Iranian colonel-general is not bad for the financial markets … not yet

0
124

[ad_1]

<p class = "canvas-atom canvas-text Mb (1,0em) Mb (0) – sm Mt (0,8em) – sm" type = "text" content = "Watch the full interview on FOX Business WSJ on Friday at 9:30 p.m."data-reactid =" 11 ">Watch the full interview on FOX Business WSJ on Friday at 9:30 p.m.

<p class = "Screen-Atom-Screen-Text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "The US drone attack on the international airport of Baghdad that killed the Colonel General of Iran Qassem Soleimani will not trigger a financial market crisis unless the conflict between the two countries escalates, said a billionaire FOX Business & # 39;Gerry Baker on WSJ at large, "data-reactid =" 12 "> The US drone attack on Baghdad's international airport, in which Iranian general Qassem Soleimani was killed, will not trigger a financial market crisis unless the conflict between the two countries escalates, a billionaire investor told FOX Business & # 39; Gerry Baker on WSJ at Large.

<p class = "canvas-atom canvas-text MB (1.0em) MB (0) – SM MB (0.8em) – SM" type = "text" content = "" You will have volatility and that's fine, ”Chairman and CEO of the Avenue Capital Group hedge fund Marc Lasry said. "But at the end of the day … it's really the economy. So if the economy is doing well, which I think, the markets will be fine." "data-reactid =" 13 ">" You will have volatility and that is fine, "said Marc Lasry, chairman and CEO of the Avenue Capital Group hedge fund." But at the end of the day … it's really the economy. So if the economy is doing well, I think the markets will be good. "

<p class = "canvas-atom canvas-text Mb (1,0em) Mb (0) – sm Mt (0,8em) – sm" type = "text" content = "READ: DEFENSE DECLARATION ON SOLEIMANI KILLING"data-reactid =" 14 ">READ: DEFENSE DECLARATION ON SOLEIMANI KILLING

<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "Oil increased and stocks fell after the Murder of SoleimaniPresident Trump planned to attack US personnel in Iraq and the Middle East and was responsible for the murder of hundreds of Americans in previous terrorist acts. Lasry was not surprised by the lack of a market response to the news. "Data-reactid =" 15 "> After the death of Soleimani, whom President Trump said he planned to attack US personnel in Iraq and the Middle East, Lasry was not surprised by the lack of a market response to the news.

"They're quiet because they don't know what's going to happen," Lasry said. "I think if there are events that cause Americans to die, and do you know where it is going? Will it stay where it is or will it continue to escalate? I think the markets will be extremely nervous."

<p class = "canvas-atom canvas-text Mb (1,0em) Mb (0) – sm Mt (0,8em) – sm" type = "text" content = "MIDEAST TENSES IN THE PAST HAVE MOVED THE MARKETS, US ECONOMY"data-reactid =" 17 ">MIDEAST TENSES IN THE PAST HAVE MOVED THE MARKETS, US ECONOMY

According to Lasry, geopolitical events comparable to this conflict between the United States and Iran are not currently having such a big impact on the financial world.

"I don't think they will if the oil prices don't stay high," he said. "Then you have a real impact."

<p class = "canvas-atom canvas-text Mb (1,0em) Mb (0) – sm Mt (0,8em) – sm" type = "text" content = "CLICK HERE TO READ MORE ABOUT FOX BUSINESS"data-reactid =" 20 ">CLICK HERE TO READ MORE ABOUT FOX BUSINESS

The reason? Higher oil prices weigh on consumer spending.

"This economy is driven by the consumer," said Lasry. "Well, I think if you end up with oil … around $ 55, $ 65 [a barrel], It's good. I think if it goes beyond that, it will have an initial impact on consumers. "

<p class = "canvas-atom canvas-text Mb (1,0em) Mb (0) – sm Mt (0,8em) – sm" type = "text" content = "GET FOX BUSINESS ON THE GO by CLICKING HERE"data-reactid =" 23 ">GET FOX BUSINESS ON THE GO by clicking HERE

<p class = "canvas-atom canvas-text Mb (1,0em) Mb (0) – sm Mt (0,8em) – sm" type = "text" content = "Related articles"data-reactid =" 24 ">Related articles