Wednesday, August 24, 2011

Is the market forecasting war? By Todd Harrison, 8/24/11

Is the market forecasting war?

Commentary: Fitting together the puzzled pieces in an unsure world

By Todd Harrison, Aug. 24, 2011




NEW YORK (MarketWatch) — The future is now; we must now decipher what it will be.



The stock market is a forward-looking discounting mechanism and throughout our slow-motion summer crash, Minyanville has diligently discussed what the market is trying to tell us. See: Where do we go from here?



When I awoke yesterday, after checking the overseas price action and scrolling through the headline news — but before my plain vanilla yoga — I checked my inbox to find a handful of folks proclaiming, “There it is!”



Stratfor, the well-respected global intelligence service, reported that an Israeli-Arab conflict is approaching.



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