i would think war/retaliation would actually increase volume. Why would there be a decline? Panic is a good thing for traders.
If we have a quick WAR If we amaze and astound our friends and enemies The market will be fine. The terrorists will be around and the threat will be around no matter what happens in IRAQ. So if you think the terrorists will be mad if we go into IRAQ, guess what, I'm still mad they flew 3 airliners into our buildings. I would not hesistate to RAM my SUV into a group of Terrorists, and then finish them off with my AR-15. I really don't want my USAF Traing to go to waste. Plus I watch MAIL CALL with LEE ERMY. I am sorry that the percentages of me being able to do this are so small. By the way my Florida Terriorist Hunting Permit is paid up for ten years. 50th TFW USAFE Masters of the Sky LOL
Uncertainly IS the definition of risk. Risk is not in the chance of loss, it's the likelihood that the materialized outcome will deviate from the expected one.
and you call yourself an economist?? read Frank Knight "risk, uncertainty and profit" riverside press 1921 risk is when all possible outcomes and odds are known with certainty for example when you throw dice, uncertainty is when you don't know the odds with precision so you can't tell with certainty if a bet is favorable or not. i know this shit because i was reading some austrian school stuff the other day.
You could conclude the market is not accepting of these higher prices ... but the more likely culprit is snow.. locals make up 50% of daily volume
yes i was thinking that too but yesterday the snow thing was worse and yesterday's session had more volume