The Economic Effects Of Terrorism

Set Text Size SmallSet Text Size MediumSet Text Size LargeSet Text Size X-Large
Share
Updated: 4/17/2013 11:13 pm

The stock market is back on the rise after a big drop following Monday’s Boston Marathon bombing.

It hasn’t completely recovered yet, but experts said the overall trend looks good.

Ken Troske, economics professor at the University of Kentucky, said it’s common for investors to begin selling shares during the “uncertainty” that follows a disaster or terror attack.

“Investors have an optimal amount of uncertainty that they’re comfortable with and as the amount of uncertainty changes, they may change their portfolio to better reflect the uncertainty that they see,” Troske said.

John Cullen, a Lexington investor, said he has been investing for 44 years and he believes it is important to remember that setbacks are usually temporary.

He said he has learned not to panic when he begins losing money.

“You don’t go home at the end of the first quarter. You don’t go home at the end of the second quarter. You ride it out until the game is over,” Cullen said.

Share
0 Comment(s)
Comments: Show | Hide

Here are the most recent story comments.View All

No comments yet!
Most Popular
Coroner: Elderly Mercer Co. Couple Die in Apparent Murder-Suicide
The Mercer County Coroner has confirmed that an elderly couple were found dead in their home Sunday night following an apparent murder-suicide.
Former High School Football Coach Charged with Sodomy, Sexual Abuse
According to deputies in Pulaski County, a former high school football coach has been arrested on charges of sodomy and sexual abuse.
Police: Shots Fired Near Lexington School
Lexington Police said shots were fired Monday afternoon near Lafayette High School. Although school had been out for the Labor Day holiday, youth football tournament was being held at Lafayette. Video Video
Lexington PD: Argument Between Neighbors Results in Gunfire
An argument between neighbors escalated to at least one shot being fired Monday afternoon, according to Lexington Police. Video Video
UPDATE: Name Of Victim In Fatal Lexington Crash Released
The name of the woman killed in a Lexington crash early Saturday morning has been released.
Inergize Digital This site is hosted and managed by Inergize Digital.
   

WTVQ.com supports children's privacy rights. All persons under the age of 13 MUST have parental permission to use this website and direct parental supervision is strongly recommended.