While the folks in Europe might feel differently, ISIS is a bigger threat to the global economy than the Russians. Frankly, I don’t think it is even close.
The reason is pretty simple: no one really wants to go to war with Russia over the Ukraine. The Germans don’t; the French don’t; the British don’t, and the US really doesn’t. Where the rubber meets the road, if the Russians really wanted to take over the Ukraine, no one would be able to physically stop them before the Russian flag was flying over Kiev, again. (link to previously published article via the Montgomery Advertiser on Feb 22nd 2015)
The opinions expressed within this report are those of John Norris as of the initial publication of this blog. They are subject to change without notice, and do not necessarily reflect the views of Oakworth Capital Bank, its directors, shareholders, and employees.