WTF Chart of the Day: USA vs. USSR

By Lawrence

There are 2 specific crisis involving USA and countries supported by USSR / Russia.

 

Cuban Missile Crisis, October 14 to 18, 1962. 10% correction.

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Gulf War, Operation Desert Shield portion, 2 Aug 1990 to 17 Jan 1991. 17% correction at the bottom.

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If history repeat itself where Ukraine really becoming the battleground involving both US and Russia, it will induce a steep selloff. But the stock market happened to rally hard right after both crisis, so the effect is definitely temporary.

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