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by Jeff Miller, A Dash of Insight
How worried should we be about the Ukraine crisis?
Last week some regular readers whom I respect asked why I did not mention the Ukraine situation. It was a fair question, given the attention from the financial media. My answer was that it was an important story on many fronts – defining the future Putin role, setting precedents for NATO and the us, and of course, the people directly suffering in the conflict. I did not view it as a “market crisis” despite the 50 basis point moves that are often attributed to Ukraine news.
Click on picture for full cartoon at ARRA News Service.