The Stock Market and North Korea

I am quoted in the Washington Post on the stock market and North Korea:

David Kass, a finance professor at the University of Maryland, said “there is an expectation that the (Korean) crisis will be resolved diplomatically. Markets go down in the short run on fear of the unknown, such as whether a military confrontation between the U.S. and North Korea could occur. But crises eventually do get resolved and markets recover and go on.”