Macquarie: Don't Count On Rational Leader Theory With North KoreaMark Melin
An argument soothing nerves over the current geopolitical standoff with North Korea is that rational leaders are going to avoid war. Such soothing voices point to the stock market, which is climbing higher in the face of currently unfathomable nuclear risks and in the face of a rising interest rate environment, an oddity that Goldman Sachs recently pointed out in a report. But forget the soothing voices singing a lullaby at . . .
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