Markets got rocked on Thursday after we learned Malaysia Airlines flight MH17 was shot out of the sky in Eastern Ukraine, killing all 298 souls aboard. However, markets bounced back sharply on Friday. Markets continue to be incredibly resilient despite these shocks that threaten to destabilize the geopolitical status quo. For now, investors seem to be more focused on the major economic themes that are out there. They’re paying attention to the recent boom in M&A. And they’re continuing to consider what all of the improving economic data means for monetary policy and the timing of higher interest rates. Here’s …read more
Source: Business Insider