Bill Sterling War Quotations

The idea that there is going to be a war is thoroughly accepted in the financial markets right now. But nobody can know what the exact contours are going to be.

One of the biggest fears, from an economic point of view, would have been a catastrophe in the oil fields. That hasn't happened and it looks like it probably won't happen. In a sense, that's a bigger deal for the economy than if the war lasts one week or four weeks.