“It’s safe to say that Muslims across the world see U.S. bombers and Tomahawk missiles as raw, ‘Western Christian’ aggression against their kith and kin. This is the case no matter how much legalistic justification our government places on what happens — like ‘punishing’ the Syrian government for using chemical weapons, or whatever.  So what’s the biggest issue for investors right now? Well, at the Agora Financial Wealth Symposium in Vancouver, one speaker discussed how broad markets were ‘priced for perfection.’ That is, the general indexes, collective share prices, price-earnings ratios, etc. are all indicating a market psychology of everything being fine, and getting better.”

http://dailyreckoning.com/the-hidden-arms-race/

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