Since the dawn of time, war and conflict have been with us throughout history, bringing with them their own horrors and uncertainty. Stock markets do not like uncertainty, and when war and conflict strike, stock markets will exhibit bouts of short-term volatility. Wars and conflict can and have led to sharp pullbacks in the markets.

“Fast is fine, but accuracy is everything.” - Wyatt Earp

The current economic recovery - which has come out firing fast and has performed better than most would have expected – has no historical precedent.