With professional investors and fund managers holding more cash than they like, and scratching their heads about the overdue correction, the obvious question is – could this Malaysian airline tragedy cause a big market sell off?
I know I have pointed out before that left-field geopolitical events rarely have a lasting impact on stocks, but they can rattle markets short term. That said, what would have to happen to see this gross stupidity of Russian separatists in the Ukraine result in a big market sell off, effectively creating that missing correction?
The spook factors
Here are the possible actions that could really spook financial markets: