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Stocks Hit All Time Highs After Russia Announces It Has "No Plans Of Military Incursion Into Ukraine"

Tyler Durden's picture




 

Two weeks ago, a 100 point ramp in the S&P started when Russian RIA Novosti tweeted Russia was seeking to "de-escalate the conflict" in Ukraine, quoting the Russian Security Council Chief. Moments ago RIA went for a double when it tweeted a rather amusing statement from the Defense Ministry, namely that Russia has no plans of invading Ukraine.

RIA also added that the defence ministry is once again calling for a cease-fire for the aid convoy because it is "worried by use of incendiary bombs, ballistic missiles in Ukraine."

So will this be today's catalyst to push the S&P over 2000 (so far it is working with the S&P hitting fresh record highs on the statement), and will futures continue to rise on hopes that Russia will step back from its trade war with the west, something which has failed to produce a correction in stocks, and yet where every rumor of de-escalation leads to higher highs in the market? We should have the answer shortly.

And the result...

 

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Thu, 08/21/2014 - 23:59 | 5128545 IronForge
IronForge's picture

One way of looking at it, is that

 

 

  • Since the Pro-Russian Easter Districts have already declared their Independence, they're not part of UKR (Hence no Incursion). 
  • The remaining portions of UKR is lead by a Pseudo-Govt_Coup-Backed-Entity not recognized by RUS.
  • Ergo, any conflicts that may occur in the Region that obligate RUS Forces would involve the support of Eastern Districts; and that would entail driving out and keeping UKR Forces out of them.  With Air Power and Artillery support - a relatively workable Task that may not need RUS Troops to venture into the Independent Districts for the Long Term or even venture out of Russia.  There may be enough Eastern_District_Veterans and UKR_Deserters to make up the Ground Force with "Lend-Lease" Armaments (Artillery) on the Ground, while Air Assets can remain "based" within RUS Borders.

 

 

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