Stocks: What Can We Learn From The 1990 Gulf War?

Comparing the 1990 Gulf War to current market conditions provides perspective on how oil shocks and geopolitical headlines impact secular trends.

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When markets are hit by war headlines, oil shocks, and rising uncertainty, it is easy to lose perspective and start thinking like a short-term trader rather than a long-term investor.

In this week’s video, we study the 1990 Gulf War and compare it to 2026, looking at both the similarities and the important differences. We examine oil, stocks, investor psychology, secular trend context, drawdown history, and what past market behavior may — and may not — teach us about the present.

The goal is not to force a perfect historical comparison or make bold predictions. It is to use history the right way: to improve perspective, manage expectations, and make more prudent decisions when emotions are running high.

If you are trying to balance risk, opportunity, and discipline in a headline-driven environment, this video is for you.

Video Length: 00:34:18

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