Finance & economics | Buttonwood

Investors ignore world-changing news. Rightly

The Nothing Ever Happens Market

A chart holding a nuke going into it.
Illustration: Satoshi Kambayashi

Missile warfare has erupted in the Middle East. On June 13th, as the bombs began to fly, S&P 500 futures fell by 1.6%. But as the hours passed, the stockmarket steadily climbed. The index has now recovered to around 6,000, a hair’s breadth from an all-time high.

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