Markets Spike As Russia/Ukraine Shows No Signs Of Escalation
Late last week the markets crumbled as global issues took center stage. There were significant worries that Russia might expand its invasion to more than just Crimea. Even with Crimea voting to join the Russian Federation, the market had priced in the possibility for violence and more. This has not happened and is showing no signs of happening. In addition, worries about China's economy have faded (at least for today). A solid rally is underway. Overall, expect more volatility and downside but also accept that buy the dip large bounces will be common place as more average investors continue to pile money into the markets.