Did you see the closing ceremony of the Winter Olympics in Sochi? A teddy bear as large as a building, representative of Russia, shed a tear and blew out the Olympic flame. Since then, the Russian bear has grown a good deal more aggressive. Russian troops now occupy the Crimean peninsula of Ukraine, where a vote was taken to split from Ukraine and align with Russia. Some fairly minor sanctions by the U.S. and Europe immediately followed. More serious economic sanctions are under discussion.
Click the following link to read the complete PDF: GIM Market Commentary 03-17-2014
