Anybody Buying Yet? Where’s the Bottom?

Do you think the action in the middle east will slow the economy due to uncertainty, or cause it to jump from military spending?
I've seen mixed reports. Not a fan of assuming past wars can be compared to today's situation. Way too simplistic and doesnt account for different underlying conditions.

For one example, Paul Krugman has pointed to the asset price bubble and the private market bubble, and wondered if the war might be the tipping point to burst them.
 

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