ISIS terrorist attacks are happening all over the globe. And many, like FBI Director James Comey, fear these attacks are only going to become more frequent and deadly.
- Where Have There Been ISIS Terrorist Attacks in 2016? [Chart]
- ISIS Started Publishing Newspapers That Turn Locals into Terrorists
- "ISIS Corporation" Operates a Lot Like Big Oil
- What ISIS' "Blood Oil" Really Means for Oil Markets
- Can ISIS Crash the Whole Stock Market?
Since 2011, ISIS has attracted as many as 30,000 people from 100 countries to join its forces in Syria and Iraq.
But there's a new recruitment method in Southeast Asia that's really surprising.
ISIS has had to drastically change its spending habits to respond to lost oil profits.
Because of the efforts of U.S. and coalition planes to bomb refineries in Syria, ISIS is starting to lose profits from its massive oil revenue.
Oil didn't spike after last Friday's massacres in Paris because the chief driver of oil prices has changed.
But that doesn't mean ISIS isn't a player in the global oil market. It certainly is, but its role and impact is more complicated and insidious than the traditional "geopolitical factor."
Yesterday (Monday), Money Morning Chief Investment Strategist Keith Fitz-Gerald appeared on FOX Business' "Varney & Co."to talk about Iraqi terrorism's effect on the stock market right now.
Market bears see ISIS and this geopolitical turmoil as a "black swan" that could "take down the whole stock market," according to host Stuart Varney.
Watch the video to see if the ISIS threat could actually trigger a stock market crash in coming days...