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Watch what markets don't do as world politics turns nasty
Like so much in the investment world of late, it's what financial markets are not doing right now that is most intriguing. Over the course of the past month, conflicts, superpower standoffs and economic sanctions have flared in Iraq and Syria, Israel and Gaza, Ukraine and Russia. All are at least potential threats to world energy supplies, if not globalised business links and supply chains. What's more, a September referendum looms on the potential breakup of the world's sixth largest economy as Scots vote on secession from the rest of the United Kingdom. Yet the world's main financial markets have barely blinked. ... (full story)
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