Exogenous Event Hits Macro-Market In Midterm-Election Year… Again!

The U.S./Iran/Iraq war is the exogenous event that typically litters Midterm-election years. Something seems to always plague this part of the 4-Year Presidential cycle, but what we have long since understood should be part of the Midterm-election year “correction” playbook. Such as an exogenous event as this war does not necessarily impact the domestic economy,…