Reacting to Events
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Submitted by A Dash of Insight
The market reacts to events. Should you?
The assassination of former Prime Minister, Benazir Bhutto, is a loss for Pakistan and a blow to the transition to democracy taking place there. While investors and fund managers may have sympathy for those with personal stakes in these events, these thoughts are quickly crowded out. As we have noted, most turn almost immediately to the broader implications and the impact on stocks.
