World View: Wall Street Goes Parabolic on Russian Troop Pullback
This morning's key headlines from GenerationalDynamics.com
- Wall Street goes parabolic on Russian troop pullback
- While gaining in Ukraine, Putin now goes after Moldova
- Russia Today anchor Abby Martin criticizes Russia in Ukraine
- Spam of the Day - from Ukraine, with Love and Care
Wall Street goes parabolic on Russian troop pullback
Early on Tuesday morning (ET), Russian troops along the border with
Ukraine were recalled to barracks. That set Wall Street stock futures
rising. Then, a few hours later, Russia's president Vladimir Putin
gave a news conference saying that Russia had no intention of invading
Ukraine. That sent stocks parabolic, with a 228 point surge in the
Dow Jones Industrial Average. According to Friday's Wall Street Journal, the S&P 500 Price/Earnings index (stock
valuations) on Friday (March 4) morning was 17.87, which is
astronomically high by historical standards.
Here are some things that bubble-happy investors presumably didn't pay
Putin said that there were no Russian troops in Crimea, which
- Russian troops continue to mobilize in Crimea.
- In his press conference, Putin shook his finger and said that
Russia reserves the right to use military force at any time to protect
- Many people believe Putin's conquest of Crimea is a fait
accompli, in that Crimea is now completely under control of
- Russian troops in Crimea fired warning shots at Ukrainian
troops during a shouting match.
- In an apparently show of power, Russia's military test-fired an
intercontinental missile in Central Asia, near the border with
The rest of the day was filled with tough talk from Western
leaders, including President Barack Obama and Secretary of
State John Kerry.
Very little has changed since yesterday. Nobody has fired a shot yet,
but even an accidental "incident" could occur at any time and spiral
into a military conflict. FxStreet and BBC
While gaining in Ukraine, Putin now goes after Moldova
Russia's president Vladimir Putin used the 2008 invasion to prevent
Georgia from joining Nato, and with the recent invasion of Crimea,
Putin has prevented Ukraine from signing an Association Agreement with
the European Union. Now Putin is trying to prevent one more former
Soviet republic from signing an Association Agreement with the
European Union -- Moldova.
Moldova is a small country on the western boundary of Ukraine, while
Russia is along the eastern boundary. The Moldovan government has
been pro-European since 2009, and they're prepared to sign an
Association Agreement with the EU in August. Putin has been using
money and persuasion, funding anti-Europe referendums, pointing out
the hardships borne by countries in the European Union. Putin has
convinced Moldova's population to begin to turn against integration
with Europe, with only 44% now favoring it.
Russia is particularly focusing on the breakaway republic of
Transnistria, a region in the form of a strip of land along the border
of Ukraine, which strongly favors Russia, and has a similar role to
that of Crimea. Transnistria separated from Moldova in 1992 in a
civil war, and Russia has been subsidizing the region with $30 million
per year. Spiegel
Russia Today anchor Abby Martin criticizes Russia in Ukraine
At the end of her Monday tv broadcast on Russia Today's program
"Breaking the Set," American-born RT anchor Abby Martin criticized
RT's "misinformation" on the Ukraine crisis, and made an editorial
comment criticizing Russia's military intervention in Ukraine:
"Just because I work here, for RT, doesn't mean I
don't have editorial independence and I can't stress enough how
strongly I am against any military intervention in sovereign
nations' affairs. What Russia did is wrong.
I will not sit here and apologize or defend military aggression.
Furthermore, the coverage I've seen of Ukraine has been truly
disappointing from all sides of the media spectrum, and ripe with
All we can do now is hope for a peaceful outcome for a terrible
situation, and prevent another full-blown cold war between
multiple superpowers. Until then, I'll keep telling the truth as I
see it. ...
I don’t know as much as I should about Ukraine’s history or the
cultural dynamics of the region, but what I do know is that
military intervention is never the answer."
As far as we know, Martin still has her job, and has not been sent to
a hard labor camp in Siberia. RT issued a statement that Martin is
free to express her own opinion, but not on the air. The statement
said there will be no reprimand, but she'll be sent to Crimea "to give
her an opportunity to make up her own mind from the epicenter of the
Spam of the Day - from Ukraine, with Love and Care
Here's a spam message that I received last week:
Good antibiotics made with love and care. In our
The ".ua" suffix means that the web address is from Ukraine. I wonder
whether the "love and care" is being done by Russians or Ukrainians?
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