Economist predicts 'a lot of bad things' for markets if Iran war grows
The war in Iran could very quickly turn bad for Americans at home if it continues, economist Steve Rattner warned Mike Barnicle on MS NOW Wednesday morning.
"Wall Street clearly does not like unpredictability or uncertainty. No one does," said Barnicle. "But on the global stage, there's no way of telling how long we will be actively involved on a daily basis in a war in Iran. What happens if this war lengthens out in terms of the United States presence and participation in that war? What happens to those charts behind you right now?"
"A lot of bad things, Mike. A lot of bad things," said Rattner.
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