Many of you have reached out with concerns over the ongoing conflict in the Middle East and are worried about how that might affect markets. War in any form is terrible and our hearts go out to those who have lost their lives, property, or even been impacted in any way by the last week’s events.
Unfortunately, the market doesn’t have those feelings and mostly cares about profit. So far the impact to the market has been minimal as the risks of this war spreading rise and fall. One thing that we tell our clients is that whenever you see an event that you worry will impact the markets, a simple question might put it in a better perspective: “How will this affect the profits of Apple?” You can use whichever company you like, but if you don’t see it impacting their profits, then there isn’t a reason for the stock to fall.
This is of course an ongoing situation and we are continuing to monitor it. If we see a significant decline and a buying opportunity, we will act. For now, however, we hope that the risks to the market remain minimal and that this conflict is concluded as quickly as possible.