Russian Fighter Jet Shot Down by Turkey; Risk Trade is No More
From vantagefx.com
Russian Fighter Jet Shot Down by Turkey; Risk Trade is No More: Once upon a time, if a world super power on the brink of war had a fighter jet shot down after entering the airspace of another sovereign nation for barely a few seconds, all hell would break loose in markets and risk-off would reign supreme sending stocks tumbling. Not any more. The news of the Russian fighter jet being spectacularly grounded in a ball of flames saw only a mild spike down in the SP500 during early trade, but that was only a short lived move and quickly erased losses to actually close well in the green for the session. Amazing! So just ...
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