S26E8 - Fear First, Facts Later: A Short History of Stock Market Drawdowns During Military Crises

When military threats hit the news, markets rarely wait for answers. They move on fear.

In this week’s episode, Jake McClure looks at how markets have responded to war scares and real conflicts throughout history, from Greenland’s recent market shock to Ukraine, Iraq, 9/11, Pearl Harbor, and even World War I. The pattern is surprisingly consistent and often misunderstood.

This is not about politics or predicting wars. It is about understanding why uncertainty causes investors to sell, why the biggest declines often happen before the first shot is fired, and how long-term inve...