What the collapse of the Afghan government might mean for the U.S. stock market

MarketWatch2021-08-16

After 20 years in the shadows, the Taliban have returned to power in Afghanistan, raising questions about stability in the Middle East and stoking some potential unrest in U.S. financial markets, amid...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

LimLS
2021-08-17
LimLS
While people are guessing the movement of the market due to collapse of the Afghan government, the situation over there is not pretty... Hopefully more aids can be sent over to the citizens there.
rabbit0112
2021-08-17
rabbit0112
Like please
Kelvinyoon26
2021-08-17
Kelvinyoon26
Like pls
- BenYSLim:
  Done
jingsheng
2021-08-17
jingsheng
cool
- jingsheng:
  cool
HH浩
2021-08-17
HH浩
While US government plug the losses in Afghanistan, investing community celebrate.
扑满满满
2021-08-17
扑满满满
Like pls

Leave a comment

676

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2159246902?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2021-08-16 11:01","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2159246902","market":"us","top_or_hot":-1,"title":"What the collapse of the Afghan government might mean for the U.S. stock market","media":"MarketWatch","content":"<div>\n<p>After 20 years in the shadows, the Taliban have returned to power in Afghanistan, raising questions about stability in the Middle East and stoking some potential unrest in U.S. financial markets, amid...</p>\n\n<a href=\"https://www.marketwatch.com/story/what-the-collapse-of-the-afghan-government-might-mean-for-the-u-s-stock-market-11629081544?mod=newsviewer_click\">Source Link</a>\n\n</div>\n","source":"lsy1603348471595","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>What the collapse of the Afghan government might mean for the U.S. stock market</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhat the collapse of the Afghan government might mean for the U.S. stock market\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-16 11:01 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/what-the-collapse-of-the-afghan-government-might-mean-for-the-u-s-stock-market-11629081544?mod=newsviewer_click><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>After 20 years in the shadows, the Taliban have returned to power in Afghanistan, raising questions about stability in the Middle East and stoking some potential unrest in U.S. financial markets, amid...</p>\n\n<a href=\"https://www.marketwatch.com/story/what-the-collapse-of-the-afghan-government-might-mean-for-the-u-s-stock-market-11629081544?mod=newsviewer_click\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"UPRO","symbol_name":"三倍做多标普500ETF","start_time":0,"source_url":"https://www.marketwatch.com/story/what-the-collapse-of-the-afghan-government-might-mean-for-the-u-s-stock-market-11629081544?mod=newsviewer_click","article_id":"2159246902","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2159246902","pubTimestamp":1629082874,"sourceInfo":{"source_id":"lsy1603348471595","name":"MarketWatch"},"weMediaInfo":null,"summary":"After 20 years in the shadows, the Taliban have returned to power in Afghanistan, raising questions ","collect":0,"end_time":0,"defaultTopTitle":"marketwatch.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"UPRO":"三倍做多标普500ETF",".IXIC":"NASDAQ Composite","OEX":"标普100",".SPX":"S&P 500 Index","SH":"标普500反向ETF","SSO":"两倍做多标普500ETF","OEF":"标普100指数ETF-iShares",".DJI":"道琼斯","SPXU":"三倍做空标普500ETF"},"translate_title":"阿富汗政府垮台对美国股市意味着什么","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{".DJI":0.9,".IXIC":0.9,".SPX":0.9,"OEF":0.9,"OEX":0.9,"SH":0.9,"SPXU":0.9,"SSO":0.9,"UPRO":0.9},"content_text":"After 20 years in the shadows, the Taliban have returned to power in Afghanistan, raising questions about stability in the Middle East and stoking some potential unrest in U.S. financial markets, amid a weekend that was rife with political developments.\nHowever, the impact to the stock market, with the Dow Jones Industrial Average , the S&P 500 index and the Nasdaq Composite Index trading at or near record highs , is unclear.\n\"It's a terrible situation for those U.S. folks who are still there,\" J.J. Kinahan, chief market strategist at TD Ameritrade, told MarketWatch in emailed comments on Sunday.\n\"As far as the markets go, we'll have to wait and see on the longer-term implications,\" he said.\nFutures, however, were tilting lower, with those for the S&P 500 , the Dow and the Nasdaq-100 all showing modest declines, but hardly indicating that the market's bull run amid COVID-19 was in jeopardy.\nThe benchmark 10-year Treasury note yield was at 1.27% late Sunday in New York, attracting some haven bids, with prices of government debt rising and yields moving in the opposite direction.\nTaliban fighters took over Kabul , fearing retaliation in the new regime.\nPresident Joe Biden has rushed 5,000 troops to Kabul .\nThe U.S. presence in Afghanistan, spanning the tenures of Presidents George W. Bush, Barack Obama, Donald Trump and Biden, started following the Sept. 11, 2001, attacks on the World Trade Center and the Pentagon, and is now considered the U.S.'s longest military conflict, surpassing World War I, World War II and the Korean War combined .\nBiden's decision to remove troops from Afghanistan came after Trump's concessions to withdraw U.S. forces , had made the case that it would destabilize the tenuous Afghanistan leadership, leaving it vulnerable to insurgent groups.\nFor the most part, stock-market investors have been mostly sanguine amid the long-running conflict that has cost an estimated $2.261 trillion, according to research from Brown University's Watson Institute of International Public Affairs , which also estimates that 241,000 people have died as a direct result of the war.\nThe Dow is up by nearly 270%, the S&P 500 has gained more than 300% and the Nasdaq Composite has climbed more than 700% since the fall of 2001.\n\nIt's worth noting that the benchmark 10-year was yielding between 4% and 5% around that time.\nHistorically, military conflict doesn't always have an impact on stocks, and war's influence, if any, on investors' psyches isn't always clear-cut. The context and economic and market environments are often a bigger driver.\nThe U.S. was already in the throes of a recession when the attacks of 9/11 hit and the market initially dipped sharply after the attacks.\nMarkets currently are attempting to claw back from the hit caused by COVID-19 and the spread of the delta variant, with questions about the policy plans by the Federal Reserve, and other central banks, at the front of investors' minds.\nStill, military aggressions may result in some investors turning to bets on defense contractors, which could see a boost if the animosities flare up.\nNorthrop Grumman Corp.'s stock $(NOC)$ is up nearly 880% and Lockeed Martin Corp.'s shares $(LMT)$ are up 834% since 2001, while Boeing Co. $(BA)$ is up 439%, and General Dynamics Corp. $(GD)$ is up over 422%, all of which outperformed the broader market during that period.\nSo far this year, Lockheed's stock is underperforming the broader market, up 0.9%, as is Boeing's, which has gained 9.5% in the year to date.\nOne popular way to play defense contractors broadly is the iShares U.S. Aerospace & Defense $(ITA)$ exchange-traded fund, which was created in 2006 and is up 13.7% in 2021 thus far. The SPDR S&P Aerospace & Defense ETF $(XAR.UK)$, which kicked off in 2011, is up 7% year to date.\nOverall, strategists had already been warning about the possibility of a correction as concerns about peak earnings and economic growth grow and many analysts see the Afghan escalation as simply adding to a wall of worry.\nTDAmeritrade's Kinahan said that we \"should see a lift in volatility, and perhaps some fixed-income purchasing, as this puts an element of uncertainty into the market.\"\nBut don't be surprised if the market's reaction to the possibility of military tensions is counterintuitive, as Ben Carlson, portfolio manager at Ritholtz Wealth Management LLC, has written in the past about the market's sometimes odd reaction to war , summing it up thusly.\n\"Markets don't always respond to geopolitical events the way you think.\"","kind":null,"is_publish_news":false,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":839423532,"gmtCreate":1629175474826,"gmtModify":1676529954298,"author":{"id":"3572923586954779","authorId":"3572923586954779","name":"LimLS","avatar":"https://static.tigerbbs.com/217b03b0c4808fb537070ba4e8f9d83f","vip":1,"crmLevel":5,"crmLevelSwitch":1,"authorIdStr":"3572923586954779","idStr":"3572923586954779"},"htmlText":"While people are guessing the movement of the market due to collapse of the Afghan government, the situation over there is not pretty... Hopefully more aids can be sent over to the citizens there.&nbsp;","listText":"While people are guessing the movement of the market due to collapse of the Afghan government, the situation over there is not pretty... Hopefully more aids can be sent over to the citizens there.&nbsp;","text":"While people are guessing the movement of the market due to collapse of the Afghan government, the situation over there is not pretty... Hopefully more aids can be sent over to the citizens there.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/839423532","repostId":2159246902,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":839681333,"gmtCreate":1629156651022,"gmtModify":1676529945956,"author":{"id":"4088071561934010","authorId":"4088071561934010","name":"rabbit0112","avatar":"https://static.tigerbbs.com/f34a76da0c81813be84eb946d69d797f","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"4088071561934010","idStr":"4088071561934010"},"htmlText":"Like please&nbsp;","listText":"Like please&nbsp;","text":"Like please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/839681333","repostId":2159246902,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":839683031,"gmtCreate":1629156594523,"gmtModify":1676529945873,"author":{"id":"3558581504257803","authorId":"3558581504257803","name":"Kelvinyoon26","avatar":"https://static.tigerbbs.com/17c18f026fcaa77f437cb20f39e1b4ef","vip":1,"crmLevel":4,"crmLevelSwitch":0,"authorIdStr":"3558581504257803","idStr":"3558581504257803"},"htmlText":"Like pls","listText":"Like pls","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/839683031","repostId":2159246902,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5548909,"gmtCreate":1629156620510,"gmtModify":1663232471633,"authorId":3584102971420376,"author":{"id":3584102971420376,"idStr":"3584102971420376","authorId":3584102971420376,"name":"BenYSLim","avatar":"https://static.tigerbbs.com/94898501beebba354d54215388e5f9d1","vip":1,"currentWearingBadge":{"badgeId":"a83d7582f45846ffbccbce770ce65d84-1","templateUuid":"a83d7582f45846ffbccbce770ce65d84","name":"Real Trader","description":"Completed a transaction","bigImgUrl":"https://static.tigerbbs.com/2e08a1cc2087a1de93402c2c290fa65b","smallImgUrl":"https://static.tigerbbs.com/4504a6397ce1137932d56e5f4ce27166","grayImgUrl":"https://static.tigerbbs.com/4b22c79415b4cd6e3d8ebc4a0fa32604","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1100},"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":839683031,"type":1,"supId":0,"prevId":0,"content":"Done","text":"Done","html":"Done"}],"langContent":"EN"},{"id":839680631,"gmtCreate":1629156537423,"gmtModify":1676529945834,"author":{"id":"3581677245508986","authorId":"3581677245508986","name":"jingsheng","avatar":"https://static.tigerbbs.com/d8033cad6345c7bb7d312f5a8020404a","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3581677245508986","idStr":"3581677245508986"},"htmlText":"cool","listText":"cool","text":"cool","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/839680631","repostId":2159246902,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5548894,"gmtCreate":1629156548593,"gmtModify":1663232472936,"authorId":3581677245508986,"author":{"id":3581677245508986,"idStr":"3581677245508986","authorId":3581677245508986,"name":"jingsheng","avatar":"https://static.tigerbbs.com/d8033cad6345c7bb7d312f5a8020404a","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":839680631,"type":1,"supId":0,"prevId":0,"content":"cool","text":"cool","html":"cool"}],"langContent":"EN"},{"id":839617458,"gmtCreate":1629156519474,"gmtModify":1676529945818,"author":{"id":"3582015516749888","authorId":"3582015516749888","name":"HH浩","avatar":"https://static.tigerbbs.com/2639351c97027c6f71c4d9729ef216d8","vip":1,"crmLevel":4,"crmLevelSwitch":0,"authorIdStr":"3582015516749888","idStr":"3582015516749888"},"htmlText":"While US government plug the losses in Afghanistan, investing community celebrate.&nbsp;","listText":"While US government plug the losses in Afghanistan, investing community celebrate.&nbsp;","text":"While US government plug the losses in Afghanistan, investing community celebrate.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/839617458","repostId":2159246902,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":839617538,"gmtCreate":1629156502324,"gmtModify":1676529945818,"author":{"id":"4089340839548040","authorId":"4089340839548040","name":"扑满满满","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":1,"crmLevelSwitch":0,"authorIdStr":"4089340839548040","idStr":"4089340839548040"},"htmlText":"Like pls","listText":"Like pls","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/839617538","repostId":2159246902,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":676,"commentSize":68,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.1","shortVersion":"4.29.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2159246902"}