There’s not much on the economic calendar today to remind us that the economy is in decent shape. And that could be a bad thing. Markets are currently selling off around the world. U.S. futures are in the red, European markets are down by nearly 1%, and Asia closed sharply lower with Japan’s Nikkei plunging 2.9%. “Risk aversion rules: The Ukraine conflict shows no sign of being resolved (rather, there’s far too high a chance of escalation for comfort),” said Societe Generale’s Kit Juckes. “Overnight, the US has approved limited airstrikes in Northern Iraq. The conflict on Gaza too, is …read more
Source: Business Insider
