IMCV - The Fog Of War...And Markets

• On Tuesday this week, a story broke early in the day about a possible withdrawal of Russian troops from the border of Ukraine.
• The next day, though, reports broke out about active hostilities in eastern Ukraine regions, which are generally pro-Russian, with the usual grim pictures of homes and schools destroyed by the shelling.
• The problem for any trader who thinks it’s a good idea to trade this way is that the actual protagonists in the real world – meaning specifically the politicians and negotiators on both sides of the conflict crafting and executing their strategic moves – are trolling each other as well.

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