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Stockmarkets not effected by war in the Balkans


Contrary to popular belief the &#39Conflict in the Balkans&#39 has so far had little effect on the world&#39s stockmarkets according to Premier Unit Trust Brokers.


Premier says the old stockmarket adage to &#39buy on a war&#39 is historically incorrect. It says the adage was founded on the view that capitalism would reap the benefits of reconstruction after a war.


It points out how the Falklands, Vietnam and the invasions of Hungary, Suez Canal and Czechoslovakia had little effect on stockmarkets.


The Gulf War was different but that was because of the threat to the West&#39s oil supplies posed by Iraq.


The unit trust broker suggests Kosovo falls into the former category unless things go dramatically wrong.


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