✅ In the book "How to Choose Growth Stocks" by Philip Arthur Fisher, he analyzed the impact of war on the US stock market. Fisher found that throughout the 20th century, whenever a major war broke out, the US stock market often initially fell sharply. However, after the war ended, stock prices were often higher than before the war began.

Fisher explained that this increase was due to the fact that government spending during wartime was often higher than tax revenue, leading to an increase in the amount of money issued and inflation, causing the value of currency to decrease. Therefore, according to Fisher, selling stocks to keep cash during wartime was an ignorant act. Instead, he argued that one should take advantage of the opportunity to buy stocks when the market fell due to war fears, and if war actually occurred, one should buy more aggressively.

➡️However, Fisher also emphasized that this is only his personal opinion and recommends that investors should not invest blindly based on this assessment.#btc #bnb #ETH $BTC $ETH $BNB