The markets had to digest weighty geopolitical headlines this week with tariffs, North Korea and a messy political landscape in the European Union dominating the news cycle.
Rattle and Hum
Headlines screaming, “fire and fury,” and “ballistic rockets are on constant standby,” could have surely warranted a multi-percentage sell-off. Fortunately, the market’s reaction was somewhat muted, falling just over 1 percent for the week. Historically, North Korean headlines have had minimal impact on the stock market. In 2006, when they detonated their first nuclear device, U.S. stocks were actually up.