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Futures slide as Russian troops reportedly enter Ukraine

  • Major stock index futures are all off about 0.4% amid what appears to be a new front opened by Russia in its fight with Ukraine. President Petro Porshenko has canceled a trip to Turkey, telling the nation "the introduction of Russian forces into Ukraine has taken place." His government says Russian troops have seized the town of Novoazovsk and several villages near the Russian border.
  • Russia's Micex slides 2.1%.
  • Europe's Stoxx 50 (NYSEARCA:FEZ) is lower by 1.2%, led by Germany's (NYSEARCA:EWG1.5% decline, and Asia posted moderate losses overnight.
  • The 10-year Treasury yield is carving out new lows, off three basis points to 2.33%. German 10-year Bund yields are lower by two basis points to 0.89%.
  • Gold is up $10 per ounce to $1,293.
  • ETFs: SPY, QQQ, SH, DIA, SSO, SDS, VOO, PSQ, IVV, SPXU, UPRO, TQQQ, SPXL, RSP, QID, SQQQ, DOG, QLD, DXD, RWL, EPS, UDOW, SDOW, DDM, BXUB, QQEW, QQQE, SPLX, SFLA, BXUC, QQXT, SPUU
Comments (28)
  • mitrado
    , contributor
    Comments (1959) | Send Message
     
    Obama, what you gonna do now? After you've undermined the UN (over 40 times) to save Israel's... what will stop Russia from doing whatever it pleases? The UN? I don't think so...
    28 Aug, 07:50 AM Reply Like
  • june1234
    , contributor
    Comments (2570) | Send Message
     
    what do you suggest? first armored division straight to Moscow. precision bombing, nukes? besides the Russians say their troops are on vacation in Ukraine. love that one, so does comedy central.
    28 Aug, 08:28 AM Reply Like
  • JasonC
    , contributor
    Comments (3261) | Send Message
     
    I suggest selling Ukraine 50 nuclear weapons. On credit, easy terms, and cheap.
    28 Aug, 09:11 AM Reply Like
  • idkmybffjill
    , contributor
    Comments (1625) | Send Message
     
    So if Obama saves Israel, he gets yelled at. If he doesn't save Israel, he still gets yelled at. Poor guy can't ever catch a break
    28 Aug, 10:19 AM Reply Like
  • jj1937
    , contributor
    Comments (1109) | Send Message
     
    Buy the dip! Stock market loves Russian invasion!
    28 Aug, 11:14 AM Reply Like
  • Matthew Davis
    , contributor
    Comments (3816) | Send Message
     
    How has Obama saved Israel? He is the most hostile president to Israel in history.
    28 Aug, 12:57 PM Reply Like
  • jlg5385
    , contributor
    Comments (33) | Send Message
     
    mitrado - this is serious business - its time to support this president democrat or republican. this could turn into a global conflict. are you sir willing to put your life on the line for this country or ukraine? i would and i will if it comes to that. putin is a thug and a commie at heart and needs to be stopped at all cost.
    28 Aug, 08:22 AM Reply Like
  • User 6707651
    , contributor
    Comments (988) | Send Message
     
    "are you sir willing to put your life on the line for this country or ukraine?"

     

    or is the key word there and results in two very different answers
    28 Aug, 08:38 AM Reply Like
  • taxman100
    , contributor
    Comments (271) | Send Message
     
    The only way this turns into a global conflict is if NATO compounds their error in overthrowing the government of Ukraine by actually being foolish enough to get involved militarily.

     

    I should restate that - actually NATO started this war, but expects the United States to actually pay for, and fight, as the collection agency for the International Monetary Fund, and to prop up the faltering U.S. petrodollar standard.
    28 Aug, 09:02 AM Reply Like
  • Minutemen
    , contributor
    Comments (881) | Send Message
     
    Putin shorts the market and then sends Russian troops into Ukraine.

     

    Putin goes long the market and then pulls troops out of Ukraine.

     

    Repeat and get filthy rich.
    28 Aug, 09:06 AM Reply Like
  • 11146471
    , contributor
    Comments (683) | Send Message
     
    That goes if the market if fool enough to follow his steeps.

     

    I own some healthy Russian companies and I do not intent to sell. Holding ground here!
    28 Aug, 09:27 AM Reply Like
  • Ron Reed
    , contributor
    Comments (283) | Send Message
     
    Oh dear! Get the foil out, next thing you know you'll be accusing N. Korea of the same thing. I do agree this is all a power play on Russia's part, but calling it manipulation of the market is just silly.
    28 Aug, 09:37 AM Reply Like
  • Minutemen
    , contributor
    Comments (881) | Send Message
     
    Ron: I wasn't being serious. But the consistent market reaction to Ukraine actions does certainly make it possible. Not so with N. Korea.
    28 Aug, 09:52 AM Reply Like
  • alphabetahybrid
    , contributor
    Comments (55) | Send Message
     
    True. I have AGCO shares and it'd be affected if Russia sanctioned my dear AGCO from doing business there in retaliation to increasing sanctions from US & EU. There's not much biz in N Korea.
    28 Aug, 10:26 AM Reply Like
  • Matthew Davis
    , contributor
    Comments (3816) | Send Message
     
    Russia will probably end up taking a large chunk of Ukraine...just not the whole thing.
    28 Aug, 10:42 AM Reply Like
  • hbruguera
    , contributor
    Comments (3) | Send Message
     
    Sorry but I view these endless chain of action and reactions as extremely dangerous maneuvers. First, if the president in the Ukraine was corrupt, charges should have been brought up against him, to topple his government by riots and violence was a breakdown of norms. Recognizing a government coming out of violence was inviting the other side to be violent as well since they perceive the actual government as illegitimate.
    28 Aug, 10:50 AM Reply Like
  • capitolp
    , contributor
    Comments (668) | Send Message
     
    I miss the Cold War, Better Dead than Red, Kill a Commie for Mommy and of course the classic 1984 film " Red Dawn ". We had to go and screw that up by trying to be buddies. Give me a reason to watch the Olympics again.
    28 Aug, 11:09 AM Reply Like
  • th3decider
    , contributor
    Comments (320) | Send Message
     
    Your forgot to mention the pinnacle in Hollywood American patriotism vs The Commies movie: Rocky 4

     

    28 Aug, 01:06 PM Reply Like
  • th3decider
    , contributor
    Comments (320) | Send Message
     
    A rational person should be mixed on this. The last thing the US needs is to get involved in another drawn out expensive conflict on foreign soil.

     

    With that said, if i recall from history, this is also exactly how the Germans in the 1930's got going. They annexed Austria and parts of Czech, yet European and American leaders didn't care because, "it wasnt their problem" and preferred diplomacy over military action. Well we saw how well that worked out...
    28 Aug, 12:58 PM Reply Like
  • Cliff Hilton
    , contributor
    Comments (1556) | Send Message
     
    Things used to be a lot simpler when the Soviet Union was the other super power. We had one policy. Now, look at this mess. Putin is doing the world a favor and putting the Cold War back together. Then they can put down the ISIS threat themselves since it is in their backyard. Ukraine should fight it out win or lose.

     

    That coming from one who knows nothing of war and politics.
    28 Aug, 01:36 PM Reply Like
  • Sakelaris
    , contributor
    Comments (1377) | Send Message
     
    So far no one has addressed the legitimate concerns of Russians for their Russian ethnic group friends in the Donetsk and Luhansk regions who were unwisely entrusted to the new nation of Ukraine in 1991.

     

    There were problems in this arrangement throughout the last 23 years and the US State Department has played a dangerous Cold War II game during much of that time, seeking to stir the Ukrainians up. Well, it finally worked and, indeed, we find we have created a kind of monster, as the Ukrainians now have dangerous neo-Nazi militias and have committed killings of Russian-speakers whose only crime was to want a peaceful separation.

     

    The US is a nation that has been a big supporter of separation in other parts of the world; the Russians see US hypocrisy here.

     

    You all might not like Vladimir Putin, but he should not be the issue. NO Russian leader would be able to stand by indefinitely while several million ethnic Russians suffer danger and privation.
    28 Aug, 05:55 PM Reply Like
  • Matthew Davis
    , contributor
    Comments (3816) | Send Message
     
    I am just wondering, how did the Ukrainian government threaten or deprive these so called Russians? Maybe they should all emigrate to Russia if its so much better.
    28 Aug, 06:44 PM Reply Like
  • Sakelaris
    , contributor
    Comments (1377) | Send Message
     
    After a February coup that overthrew the legal government, the insurgent Ukrainian government in Kiev passed laws against the Russian language. And there are extremist Ukrainian militias in operation, likely beyond the control of any government in Kiev. A century of remembered grievances against the Russians is being whipped up by Ukrainians.

     

    And there have been about 2,000 Russian-speakers killed by the Ukrainian militias and government in recent months--many of the dead were civilians.

     

    Could the problem be resolved peacefully by the world telling the several million Russian speakers to go move elsewhere? I would think that a border change would be preferable to that, like the changes the US tolerated or actually engineered in similar conflicts involving poorly configured areas, from Cyprus to Yugoslavia to Kurdistan.

     

    If you want to personally go over there and fight, by all means, go ahead. But I hope that Americans will start questioning their one-sided media and see the Russian side of this.
    28 Aug, 08:09 PM Reply Like
  • mitrado
    , contributor
    Comments (1959) | Send Message
     
    "how did the Ukrainian government threaten or deprive these so called Russians?"

     

    By calling them "Outcasts" and by trying to force them to stop speaking Russian... and by praising Stephan Bandera so openly.

     

    Bandera is a taboo topic in Ukraine. You don't get to the government and simply take a position on Bandera. If you do that, it means dividing the people and inciting violent extremist is your only goal.

     

    And that's precisely what the new Interim government did.
    29 Aug, 06:16 AM Reply Like
  • 81george
    , contributor
    Comments (267) | Send Message
     
    This is going from bad to worse. There is no near term end to the Russian invasion and the whole thing can just blow up. Syria, Iraq and Hamas will look like a child's play. I am gradually moving into cash and increasing some shorts.
    29 Aug, 12:24 PM Reply Like
  • Land of Milk and Honey
    , contributor
    Comments (3977) | Send Message
     
    81george

     

    Check out Southgent1951's comment here that starts:
    "Regarding that Russian army "alleged incursion"
    before you sell everything.
    29 Aug, 12:35 PM Reply Like
  • Land of Milk and Honey
    , contributor
    Comments (3977) | Send Message
     
    81george
    Here's the link:
    http://seekingalpha.co...
    29 Aug, 12:48 PM Reply Like
  • Seppo Sahrakorpi
    , contributor
    Comments (1905) | Send Message
     
    Bloomberg:

     

    Finland’s Fighter Jets on Alert as Russia Violates Airspace

     

    http://bloom.bg/1llt0Qr
    29 Aug, 02:31 PM Reply Like
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