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Time. How much more can this market take before there is longterm effects on the economy . Thank you. Market does short run corrections. About 10 or 11 or something. Weve been through this many times before. I dont think, even though it is a frontpage story and no one likes to see their asset values go down, i just dont think, at this point, it will have much of an impact. , how longlify that this lasts,. How long this lasts, it depends on how deep it goes. I will remember i remember i was a reagan cub scout and i remember the 1987 market crash and president reagan saying the economy is fundamentally sound and the economy grew by 3 or 4 after the crash. I think President Trump said it in this room two nights ago, we just think the economy is sound. Therefore, i dont think this shortterm stock market plunge will have any longterm effect. [indiscernible] not at the moment. If you had a friend that was thinking about going to china, ....
Is your Business Report im Stephen Beers in berlin thanks for joining us markets around the world are breathing a sigh of relief after seeing no further escalation in the conflict between u. S. And iran after u. S. Markets closed with gains overnight asian indexes are up across the board on thursday with the nikkei in japan gaining more than 2 percent hong kong and shanghai are also in positive territory after strong gains over the last few tense days oil is once again trading lower. If more on this lets go to our financial correspondent in frankfurt Chelsea Delaney chelsea does this mean that investors have finally put aside these conflicts or this conflict between the u. S. And iran. Absolutely and i think investors really began to look past these risks yesterday as it was it seemed that that wouldnt escalate further ....