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6 months.
That is the median time from the start of a major war to the bottom of the stock market.
Looking at every major conflict in modern history.
World War I. World War II. Vietnam. Iraq. Afghanistan.
Median is 6 months.
Why does this matter?
It is not because wars follow some financial law.
It is because human nature does not change.
Humans do not want to suffer forever.
Around the 6 month mark.
Sentiment shifts.
Negotiations start.
Light at the end of the tunnel appears.
The market sees that before everyone else.
And it starts pricing in the recovery.
Same pattern. Every major event. For 100 years.
Humans do not change. The market does not change.