Outlook for world markets with brief comments for next week.
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Hi Danny.. Any thoughts on the onset of extreme geomagnetic storms since yesterday, and their impact on markets? I know you used to cover this in the past.
Geomagnetic storms tend to have a short term negative effect on stocks for about 6 days. See this Atlanta Fed paper: https://www.frbatlanta.org/-/media/documents/research/publications/wp/2003/wp0305b.pdf