Is Syria the catalyst?

Markets have advanced quite well over the year and margin debt has scaled new highs.  The Fed looks as if it is close to scaling back its QE and the uncertainty over the impact of this on asset prices has been making minor waves.  The Syrian issue has impacted the market today, and while it is impossible to forecast any economic or financial impact of an escalation, because this really is an unknown entity, the real question is to what extent will the Syrian variable in the equation influence short term money, that may have been mulling other factors, to pull out now.   

Leave a Reply