The original version of this article first appeared in The Business Times. War and conflicts, whether local, regional or global, always bring with it a level of tension and raises anxiety in us as investors. It was first the Ukraine war and then geopolitical tensions between the US and China; later Afghanistan, and now the Israel-Palestinian situation. There has definitely been more than a fair share of geopolitical events in the past few years. Investors become anxious and markets become volatile because of the meaningful increase in the level of uncertainty. The science of wealth is about using empirical evidence and data to learn and understand how financial markets work. An important part of that is to look to the history of financial markets to guide and teach us about how markets react under different circumstances. We all know that while history may not exactly repeat, it certainly rhymes. ...