The Hamas attacks are scaring markets, but I believe the fear will be short lived. Stocks fell on the Columbus Day trading day. Usually holiday trading volumes are low and today is no different.
Tomorrow will be a better measure of how markets price in this conflict. The bond market is closed today as well so tomorrow will give us a better rate picture.
Oil did surge 4% today.
Let’s see if the surge in oil will be temporary. The US consumer is still grappling with higher energy prices and this is not helping.
Market will add this conflict to the wall or worry.
Money Fad 
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