Remember when Ukraine was fixed and you could BTFATH as no geopolitical concerns could ever harm US equity markets... well that just changed... News that a Malaysian Airlines passeneger jet carrying 280 passengers was shot down in Ukraine has sparked major derisking across stocks and slammed bonds to the low yields of the day. Gold and Silver are jumping and the USD is fading.
Gold surge as stocks, JPY, and bond yuields tumble...
Stocks are near post-Yellen lows on this news...
http://www.zerohedge.com/news/2014-07-17/stocks-and-bond-yields-are-plunging-shot-down-passenger-jet
