Hello, this is a special Market Alert video that we wanted to send out to you, given the tragic circumstances that are happening in Israel. And wanted to give you our thinking in terms of how this will affect our investments. You know, it’s very difficult in the face of such tragic events, to think about business and investments, which seems so trivial in light of all of that. But it is our job to look at that and think about what we’re going to do about it, and to inform you about it. So that’s what this video is for. Unfortunately, if you think about how the stock market investors work, it’s all about profits. And so, the bottom line is, will the war in Israel with Hamas affect profits in the United States? That’s the question, and the answer is not much. And therefore, as we’ve seen, the market has not fallen off, it hasn’t sold off, there hasn’t been a big impact, and life goes on from an investment standpoint. So, we wanted to just let you know that that’s our thinking as well that profits will not be affected by this to any great degree, oil prices will probably rise given the situation. But overall, there should be no major impact on profits and therefore on our investments. So we played through. Our prayers go out to everyone involved, you know, all the families that have lost their loved ones, and it’s just awful. So, thank you for watching this video and we’ll talk soon.
Please note: transcript has been modified after the time of recording.
Economic indicators and stock market performance cannot be predicted. Opinions expressed regarding the economy and the stock market belong solely to Ken Moraif on behalf of Retirement Planners of America and may not accurately portray actual future performance of the economy or stock market outcomes. Opinions expressed in this video is intended to be for informational purposes only and is not intended to be used as investment advice for individuals who are not clients of Retirement Planners of America. All content provided is the opinion of Ken Moraif, CEO and Founder of MMWKM Advisors LLC (d/b/a Retirement Planners of America). ©Copyright 2023