The stimulus to spending will probably be small because a lot of people that get dividends are already well-off, and any additional retained income they'll have may not change their spending patterns much -- they may just save more.
This seems to have more impact on people's expectations than current conditions. What changed was the price of gasoline, and people know that that can eventually lead to some kind of slowdown.
Prior to the war, the stock market was at its lowest because people were pricing in a more intense military conflict, which hasn't happened, ... The market has decided that these events weren't nearly as damaging as they might have been to the global economy.
It's a very thin market, ... People don't want to take any risk because of the lack of liquidity.
It's a very thin market. People don't want to take any risk because of the lack of liquidity.