Why the Unrest in Egypt Doesn’t Matter for Your Portfolio – CBS MoneyWatch.com
Larry does a great job explaining why you shouldn’t be worried about the problems in Egypt.
Whenever crises pop up — no matter if they’re financial messes, political unrest or natural disasters — I inevitably get plenty of questions about what they mean for the markets. My answer has always and probably will always be the same: We’ve been through this before, and we’ve come out fine every time. Sometimes the markets fall sharply for an extended period because of a crisis, and other times they take a short hit and bounce right back. While we do know that there will be crises, we don’t know when they will occur, how long they will last or how deep they will be.
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