Zacks: "Market Rises After War Begins; It's A Patriotic Duty By Investors"
Buy The Fucking Fire And Fury (BTFFF)
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North Korea
Goldman Is Amazed By The Market's Non-Reaction To The Korean Crisis
One of the recurring themes of broad market complacency has been traders' unwillingness to price in, or even react, to surging geopolitical risk.
North Korea Releases Canadian Prisoner As Tillerson Talks Down "Imminent Threat"
In two welcome signs of de-escalation after yesterday's sudden spike in bellicose rhetoric, moments ago North Korea released a Canadian man from prison on humanitarian grounds, the Korean Central News Agency reported on Wednesday. He was serving a life sentence in the country for anti-state activities. As CGTN adds, Rim Hyon Su, also known as Rev. Lim Hyeon-soo was sentenced to life in prison with hard labor in December 2015.
Risk Off: Global Stocks Slide As "Fire And Fury" Results In "Selling And Fear"
US futures are set for a sharply lower open (at least in recent market terms) following a steep decline in European stocks and a selloff in Asian shares, following yesterday's sharp escalation in the war of words between the U.S. and North Korea. In a broad risk-off move U.S. Treasuries rose, the VIX surged above 12 overnight, while German bund futures climbed to the highest level in six weeks.
Gold Sees Safe Haven Gains On Trump “Fire and Fury” Threat
Gold Sees Safe Haven Gains On Trump “Fire and Fury” Threat