Economy

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Equity markets have historically powered through geopolitical events since 1975

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S&P 500 % change six months before and after geopolitical events since 1940

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Performance of a $10,000 investment between January 1, 2002 and December 31, 2021

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S&P 500 performance after geopolitical events

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S&P 500 performance after major geopolitical conflicts: Since 1940

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Technology & communication services combined sector weight within S&P 500 since 1990

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Oil price relative to its 5-year moving average and US recessions since 1965

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S&P 500 forward earnings yield & nominal 10-year treasury bond yield since 1979

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US and world ex-US stock market as a % of GDP since 1980

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Geopolitical conflicts have had minimal impact on long-term equity performance

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