Perspectives de marché

Buying when cannons roar?

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The Tsar Cannon, cast in 1586 and on display at the Kremlin in Moscow. Photo via Flickr/CC.

Conventional stock market wisdom says investors should buy when the cannons roar and sell when the stock market hears the clarion call. The cannons are literally roaring today. But does this reasoning hold true?

Author Ben Carlson has written extensively on the relationship between war and stock market performance. However, the relationship between geopolitical crises and market performance is not as obvious as you might think, he argues.

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