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Policy moves trump geopolitical risk for investors 

November 30, 2015

Elaine Moore, Financial Times

The shooting down of a Russian jet that ventured briefly into Turkish airspace this week has aroused fears over international security and warnings from President Vladimir Putin of “consequences”.

But glance across global markets and all appears serene.

Investors, it seems, are as insensitive to military shocks as they were to the terrorist attacks in Paris 11 days earlier that claimed the lives of 129 people and led the French government to decree a state of emergency.

Earlier atrocities in Beirut and Ankara in previous weeks similarly failed to provoke widespread investor anxiety or move the dial on global asset prices. Read more
 
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