In the absence of any economic reports out today, the news hovers over political unrest and violence in the areas of Russia, Ukraine, and Israel. Without waxing too philosophical or political or insensitive for that matter, it is interesting to observe that this sort of activity used to plummet the equities market as traders would transfer huge amounts of cash from stocks into the safety of bonds to avoid market uncertainties. As is, both markets are flat on the day and haven’t seen much action on the day. Apathy? Maturity? Calloused tolerance? Whatever it is, it’s unnerving to me as a human being aside from my push for lower interest rates in the future.
