U.S. stock investors should not be concerned about Russia/Ukraine: Wes Clark

[elleng]

Last edited Tue Apr 29, 2014, 01:45 PM - Edit history (1)

Though the outcome of tensions in Russia and Ukraine remain uncertain, as well as the impact of additional U.S. sanctions announced Monday, former NATO Supreme Allied Commander Wesley Clark sounds sure about one thing: When it comes to financial markets, the situation "shouldn't make a difference to the United States."


It's not clear how much tensions in this Eastern European region are responsible for some recent market weakness, but they do seem to weigh heavily on U.S. markets as a macro concern or risk. Investors are getting this right, according to Clark.

"This is an assertion of U.S. leadership. That's what the markets are looking for," says Clark, a retired four-star general, now chairman and CEO of Wesley K. Clark & Associates, an international consulting firm. . .

While some officials have suggested targeting Putin directly Clark says that would amount to a "nuclear" escalation. He adds that sanctions didn't go further because "sometimes sanctions are more powerful if you leave a little bit in reserve."


"I hope they will take this seriously, not just the sanctions," says Clark. "It's an expression of intent -- where one sanction starts many can follow, as Iran has discovered. You start messing with sanctions you can end up with your economy being broken."

https://ca.finance.yahoo.com/blogs/daily-ticker/fmr--nato-allied-commander--u-s--stock-market-investors-should-not-be-concerned-about-russia-ukrainne-045040986.html

Includes interview.

[Demeter]

1. Somebody's lunch is gonna be eaten

and it isn't Putin's, or Russia's. Just saying....a warning.