28.07.2014 - Global markets untroubled by world's chaos
The world feels especially scary lately. There has been mayhem in the Middle East, Russia seems on the verge of becoming a rogue state, violence in Central America is driving children to make the harrowing trek to the U.S. border, and much of Asia is bickering over Pacific islands and political dominance. Global politics are rarely this unstable. Global financial markets, by contrast, are sanguine. The U.S. stock market is at record highs, and markets in most of the rest of the world aren't far behind. Investors are willing to buy the bonds of financially challenged companies and countries at record low interest rates. Global commodity prices and most currencies, including the U.S. dollar, are steady...............................................Full Article: Source
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