Lessons from 9/11 that endure in markets, 25 years on
De las Torres Gemelas a la guerra de Irán, los inversores tratan de lidiar con las crisis geopolíticas. Leer
The article discusses how investors react to geopolitical crises, citing the 9/11 attacks on the World Trade Center in New York City on September 11, 2001. The attacks caused a significant shock to Wall Street, but the market recovered within weeks as uncertainty decreased. The article draws four lessons from this experience that are relevant to current crises, including the war in Iran.
These lessons include the role of central banks in limiting the impact of crises, the importance of pre-existing economic trends, and the particularly damaging effect of crises that affect energy prices. The article notes that these lessons can be applied to recent events, such as the Hamas attack on Israel and the Iran war.
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