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Now is the time to 'think long term' when investing, advisor says. This chart helps explain why - TL;DR CNBC

Now is the time to 'think long term' when investing, advisor says. This chart helps explain why

Publishing timestamp: 2023-10-09 15:35:27


Summary

The article discusses the uncertainties brought by the conflict between Israel and Hamas and advises investors to stay the course amid elevated volatility risks. It highlights the importance of staying invested for the long term and not trying to time the market. The article also mentions that energy stocks and defense stocks are likely to be winners in the immediate aftermath of the conflict. Additionally, it raises the question of where interest rates will go and notes that Treasurys have historically jumped in value during conflicts, potentially leading to lower interest rates.


Sentiment: NEUTRAL

Tickers: .SPX

Keywords: breaking news: investingpersonal financepersonal investinginterest ratespersonal spendingworld economyinflationhamasu.s. economy cfpbarry glassmanpersonal savings&p 500 indexinvestment strategybusiness newswarisraelunited states

Source: https://www.cnbc.com/2023/10/09/this-chart-helps-explain-why-you-should-think-long-term-when-investing.html


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