Did You Notice: Markets Barely Reacted To Terrorism
Last week’s terrorist attacks in England barely moved markets in a surprising change from past attacks worldwide. Even as the country remains in Criticial Alert status, money is flowing to the U.K. on remarks from the Bank of England, and a foreshadowed interest rate increase. In the past, terrorism was considered a threat to financial markets and one that created Safe Haven Buying. Right now, not so much. So, one of two things is happening: Markets have already priced in…
Original post by Dan Green