Suncor Energy Inc T.SU

As Investors Should we care about the Hamas Israel Fight?

[Experienced]

From a moral and human point of view, there is no question that we should be concerned and outraged about what is going in the Middle East right now (there are no white hats on either side there) but as investors should we care or be worried?

Clearly right now, the overal market doesn't seem to care and in fact the DOW is up a bit since last weekend when hostilities broke out (reversing a downward track which started in mid September) .

The question then becomes - Has the market got it wrong and is there an investment opportunity?

My conclusion is that the answer to this question is NO.

Here is why...

1....nothing going on there right now places an immediate threat to the economies of the countries in the Western world nor that of China, Russia and India.

2...Iran will continue to use its proxies there to fight in much the same that the US and Russia did for decades during the Cold War.  There is really nothing new here.

3......The US is highly unlikely to engage militarily in the Middle East.  As a case in point, when ISIS first got started, the Obama policy was "no boots on the ground" and let the Middle East figure it out.  It was only after the public beheading of some Americans that public opinion forced Obama to change his view.  Many of these same Obama people are controlling Biden.

4....The greater "fish to fry" for investors is whether or not interest rates will go up and whether there will be a recession or not in the next six months.  These issues will dictate where the market goes over the next year not what is hapening in the Middle East.

[liljohnnyjoke]

WTI was heading back to @ $80bbl prior to this which likely would have taken out the November rate hike, allowed oil companies/countries to still make a nice profit, allowed for western growth at reasonable energy price. But if fear of supply disruption (een if no disruption) due to war drives oil back up to $90-100 near term then they will hike rates and western economies will at least slow if

[Experienced]

liljohhny.... Yeah....it's actally more than that.  Way back the Rothchilds would work both sides of a conflict and get rich being arms dealers AND then make money on the reconstruction after the war. When you look at the pictures of the destruction in Gaza, what you see is probably (and just a guess on my part) the destruction of the homes of hundreds of thousands of people.  

[liljohnnyjoke]

After shock and awe on Iraq Bush and Cheney (former CEO) gave Haliburton sole rights to rebuilding everything they has just ordered blown up and told them to just fill in the blank cheque with what they felt was appropriate, that was $200B. HAL sp went from from @ $10 to over $100. No doubt they loaded up on stock before awarding that contract, especially since US politicians are not subject to

[Experienced]

Bush and Cheney loading up on stock before awarding the contracts to Haliburton? liljohnny...you are such a cycnic....ROFL!!!

[liljohnnyjoke]

HAL sp has popped since the attacks started, maybe another sole contract and fill in the blank cheque headed their way to clean up and rebuild Gaza?